22 Recent Hospital Mergers & Acquisitions

The following hospital mergers and acquisitions took place within the past week, beginning with the most recent.

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1. Mercy, Patients First Health Care Complete Merger
Washington, Mo.-based Patients First Health Care and Chesterfield, Mo.-based Mercy completed a merger to integrate Patients First into Mercy.

2. Federal Judge Denies Prime Healthcare Acquisition of Victor Valley Community Hospital
A federal bankruptcy judge denied Ontario, Calif.-based Prime Healthcare’s request to acquire Victor Valley Community Hospital in Victorville, Calif., in favor of approving Riverside, Calif.-based KPC Group as the buyer.

3. Geisinger Health System, Bloomsburg Hospital Transaction Receives Approval
The integration of Bloomsburg (Pa.) Hospital and its affiliates into Danville, Pa.-based Geisinger Health System received final approval from the Pennsylvania Attorney General’s antitrust division.

4. Ascension Health Care Network May Acquire St. Mary’s Hospital in N.J.
Edmundson, Mo.-based Ascension Health Care Network intends to acquire St. Mary’s Hospital in Passaic, N.J.

5. Yale-New Haven, St. Raphael Merger Receives Last Regulatory Approval
Yale-New Haven (Conn.) Hospital received approval from the state’s Department of Public Health for its proposed acquisition of the Hospital of St. Raphael in New Haven.

6. Capella Healthcare Completes Acquisition of Muskogee Community Hospital

Franklin, Tenn.-based Capella Healthcare finalized its long-term lease and management agreement to acquire Muskogee (Okla.) Community Hospital, creating one comprehensive health system comprised of Muskogee Community Hospital and Muskogee (Okla.) Regional Medical Center.

7. Community Health Systems Acquires Memorial Health Systems’ Assets in Pennsylvania

Franklin, Tenn.-based Community Health Systems announced that its subsidiaries have acquired most of the assets of York, Pa.-based Memorial Health Systems.

8. Prime Healthcare Completes Purchase of Saint Mary’s Regional Medical Center
Ontario, Calif.-based Prime Healthcare Services completed its purchase of Saint Mary’s Regional Medical Center in Reno, Nev., from Dignity Health in San Francisco, formerly Catholic Healthcare West.

9. SSM Health Care Finalizes Acquisition of Unity Health Center
St. Louis-based SSM Health Care finalized its acquisition of Unity Health Center in Shawnee, Okla.

10. Rutgers, Rowan University Merger Approved by Legislature

The New Jersey state legislature approved a bill last week that would merge Rutgers’ campus in Camden, N.J., with Rowan University in Glassboro, N.J., and divide the University of Medicine and Dentistry of New Jersey among the two campuses.

11. HCA, Thousand Oaks Surgical Hospital in California Consider Partnership

Los Robles Hospital & Medical Center in Thousand Oaks, Calif., and Thousand Oaks (Calif.) Surgical Hospital are in discussions to form a partnership.

12. Memorial Hospital Explores Partnership With Care New England Health System
Representatives from Memorial Hospital of Rhode Island in Pawtucket and Care New England Health System in Providence, R.I., announced they are discussing a partnership.

13. Skaggs Hospital Signs Letter of Intent to Partner With CoxHealth

Branson, Mo.-based Skaggs Regional Hospital signed a letter of intent to form a strategic partnership with Springfield, Mo.-based CoxHealth.

14. Highline Medical Center, Franciscan Health Explore Affiliation
Highline Medical Center in Burien, Wash., and Tacoma, Wash.-based Franciscan Health System announced their agreement to explore a strategic affiliation.

15. Oktibbeha County Hospital in Mississippi Begins Sale Process
The Oktibbeha County board of supervisors passed a motion to seek a consulting company to assess Oktibbeha County Hospital in Starkville, Miss., which is the first step required in the sale of a county-owned hospital.

16. Abington Hospital, Holy Redeemer Health Form Pennsylvania Regional Health System
Abington (Pa.) Health and Huntingdon Valley, Pa.-based Holy Redeemer Health System announced their intention to create a new regional health system.

17. FTC Clears MultiCare’s Purchase of Auburn Regional Med Center
The Federal Trade Commission gave antitrust clearance to the sale of Auburn (Wash.) Regional Medical Center to MultiCare Health System in Tacoma, Wash.

18. HCA Backs Out of Potential Salinas Valley Healthcare Merger
Nashville, Tenn.-based HCA pulled out of the pool to potentially merge with Salinas (Calif.) Valley Memorial Healthcare System.

19. Virginia Regional Med Center’s Hospital Commission in Minnesota Approves Essentia Health Affiliation
Virginia (Minn.) Regional Medical Center’s Hospital Commission approved an affiliation with Duluth, Minn.-based Essentia Health.

20. Ivinson Memorial Hospital in Wyoming Considers Affiliation With 3 Denver Providers
Ivinson Memorial Hospital in Laramie, Wyo., is considering an affiliation with three Denver-based healthcare providers — HealthOne, University of Colorado Health and Sisters of Charity of Leavenworth Health System.

21.Clifton-Fine Hospital in NY Denied Non-Profit Conversion Request, Explores Affiliation
Clifton-Fine (N.Y.) Hospital is exploring an affiliation with a larger hospital or health system after being denied non-profit status.

22. Another Looming Supreme Court Ruling: The Phoebe Putney-Palmyra Deal
The Supreme Court will review Albany, Ga.-based Phoebe Putney Health System’s acquisition of Palmyra Park Hospital to determine whether state-granted antitrust immunity can trump Federal Trade Commission scrutiny.

More Articles on Hospital Transactions:

4 Helpful Steps for Healthcare Transaction Regulatory Reviews
Pros and Cons of 3 Common Hospital Transaction Structures
4 Important Areas of Board Education Before a Hospital Transaction

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