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22 recent hospital transactions and partnerships

The following healthcare mergers, acquisitions and general partnerships took place or were announced in the past week.

1. University of Michigan, Metro Health close acquisition deal
The Ann Arbor-based University of Michigan Health System and Wyoming, Mich.-based Metro Health closed an acquisition agreement to provide quality care and services to residents in western Michigan.

2. Trinitas Regional Medical Center, St. Joseph's launch integrated behavioral network
To provide patients with better access to behavioral health services and programs, Elizabeth, N.J.-based Trinitas Regional Medical Center and Paterson, N.J.-based St. Joseph's Regional Medical Center launched a comprehensive integrated behavioral health network.

3. Princeton HealthCare System to join University of Pennsylvania Health System
The executive committee of the board of trustees of Philadelphia-based University of Pennsylvania Health System approved plans for the health system to partner with Plainsboro, N.J.-based Princeton HealthCare System, pending regulatory approval.

4. Mercy Iowa City, UnityPoint Health-Cedar Rapids sign letter of intent to affiliate
Mercy Iowa City (Iowa) and UnityPoint Health-Cedar Rapids (Iowa) signed a letter of intent to enter into a relationship to provide residents in the area better access to care.

5. KentuckyOne to end management of University of Louisville Hospital
Louisville-based KentuckyOne Health loosened ties with University of Louisville Hospital under a new agreement that took place last week.

6. CHS sells 2 hospitals for $45M to drive down debt
Franklin, Tenn.-based Community Health Systems signed a definitive agreement to sell Yakima (Wash.) Regional Medical Center & Cardiac Center and Toppenish (Wash.) Community Hospital to Sunnyside (Wash.) Community Hospital & Clinics for approximately $45 million.

7. Crescent Health Solutions partners with Givens Communities, Sona Pharmacy + Clinic
Asheville, N.C.-based Crescent Health Solutions, a healthcare delivery solutions provider, partnered with Givens Communities, a company dedicated to providing care to seniors within its senior living community, and Sona Pharmacy + Clinic, both located in Asheville.

8. USC's Keck Medicine strengthens ties to Mexico City with research, academic agreement
The Los Angeles-based University of Southern California Keck School of Medicine and the Ministry of Health in Mexico City, Mexico signed an agreement to facilitate research and academic opportunities for USC students.

9. MaineHealth consolidation plan sparks concern among affiliates
Local hospitals oppose Portland-based MaineHealth's tentative plans to merge its affiliates into a single entity.

10. UPMC to advise new women's hospital in China
Under a newly signed agreement, Pittsburgh-based UPMC International will provide a wide range of advisory services to Macare Women's Hospital in Quanzhou, China, including physician and nurse training and assessment of clinical service lines.

11. Envision Healthcare acquires Desert Mountain Consultants in Anesthesia
Greenwood Village, Colo.-based Envision Healthcare's physician services business expanded its anesthesia specialty through the acquisition of Scottsdale, Ariz.-based Desert Mountain Consultants in Anesthesia.

12. Greenville Health System says Acadia partnership made possible by change in governance structure
Greenville (S.C.) Health System officials said the health system's $64 million partnership with Franklin, Tenn.-based Acadia Healthcare would not have been possible without a change in the health system's governance structure.

13. University of Miami Health System to manage, provide services at 17 Walgreens clinics
The University of Miami (Fla.) Health System and Deerfield, Ill.-based Walgreens entered into a collaboration in which UMHS will manage and provide clinical services at 17 retail clinics across South Florida.

14. Keokuk Health Systems, UnityPoint Health to formalize affiliation
Keokuk (Iowa) Health Systems and Des Moines, Iowa-based UnityPoint Health signed a formal affiliation agreement last week.

15. NewYork-Presbyterian expands footprint into Brooklyn
NewYork-Presbyterian is now the parent organization of 651-bed New York Methodist Hospital.

16. Oconee Regional officials look to sell hospital
Officials plan to sell the financially struggling Milledgeville, Ga.-based Oconee Regional Medical Center.

17. Monongahela Valley Hospital to purchase hospital complex site
Monongahela (Pa.) Valley Hospital executives presented their plan to purchase a four-story, 108,366-square-foot building currently housing various hospital departments, physicians' offices and a fitness center to Washington County commissioners.

18. Bon Secours Health System withdraws plans to build nursing school on site of former school building
Bon Secours Richmond (Va.) Health System withdrew plans to use a former school building as the location for its new college of nursing.

19. Haywood Regional Medical Center partners with Healogics to offer specialized wound care
Clyde, N.C.-based Haywood Regional Medical Center partnered with Jacksonville, Fla.-based Healogics to offer comprehensive services for specialized wound care.

20. Lehigh Valley Health Network, Pocono Health System merger stalled 1.5 years
A year and a half after declaring their intent to merge, Allentown, Pa.-based Lehigh Valley Health Network and Stroudsburg, Pa.-based Pocono Health System remain independent.

21. MultiCare Health System acquires Immediate Clinic Seattle
Tacoma, Wash.-based MultiCare Health System acquired Immediate Clinic Seattle (Wash.) Dec. 11.

22. DeKalb Medical Center seeks partner
Decatur, Ga.-based DeKalb Medical Center plans to align with local and out-of-state health systems in the coming months.

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