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25 hospital transactions and partnerships in November

The following hospital mergers, acquisitions and general transactions took place or were announced in November, beginning with the most recent.

1. Northwestern, KishHealth merger receives approval
The Illinois Health Facilities and Services Review Board approved the merger of Chicago-based Northwestern Memorial HealthCare and KishHealth System in Dekalb, Ill.

2. Care New England, Southcoast considering affiliation: 6 things to know
Providence, R.I.-based Care New England Health System is pursuing an affiliation with New Bedford, Mass.-based Southcoast Health System.

3. Allegheny to manage ER, hospitalists at Somerset Hospital: 3 things to know
Allegheny Health Network Emergency Medicine Management, a joint venture between Pittsburgh-based Allegheny Health Network and Emergency Medicine Physicians, a physician-owned emergency department group, agreed to manage the emergency room and the hospitalists at Somerset (Pa.) Hospital.

4. Meriter signs agreement to partner in new Wisconsin rehab hospital
Madison, Wis.-based Meriter-UnityPoint Health agreed to partner in the new UW Health Rehabilitation Hospital, also in Madison.

5.University Hospitals expands reach with addition of Samaritan Regional Health
Ashland, Ohio-based Samaritan Regional Health System, a single-hospital system, is now part of Cleveland-based University Hospitals. To reflect the integration with UH, the 55-bed hospital will be called University Hospitals Samaritan Medical Center.

6. Ingalls Health System to join University of Chicago Medicine
The University of Chicago Medicine and Ingalls Health System, a single-hospital system based in Harvey, Ill., singed a letter of intent to join forces as a combined integrated health system.

7. Allegiance Health to join Henry Ford Health System
Allegiance Health in Jackson, Mich., signed a letter of intent to join Henry Ford Health System, a five-hospital system based in Detroit.

8. RegionalCare Hospital Partners inks agreement to be acquired by Apollo Global Management
Publicly traded investment manager Apollo Global Management signed a definitive agreement to acquire RegionalCare Hospital Partners, an eight-hospital system based in Brentwood, Tenn.

9. OHSU, Salem Health affiliation finalized: 5 things to know
Oregon Health & Science University in Portland and Salem (Ore.) Health finalized an agreement to manage their respective clinical services as an integrated health system.

10. Jones Memorial Hospital, Noyes Health to affiliate with UR Medicine
Rochester, N.Y.-based UR Medicine is expanding its network to five hospitals with the addition of two new affiliations, with Wellsville, N.Y.-based Jones Memorial Hospital and Dansville, N.Y.-based Noyes Health.

11. Prime Healthcare's $62.2M bid accepted by bankrupt NJ hospital
Saint Michael's Medical Center in Newark, N.J., which filed for bankruptcy protection in August, accepted a $62.2 million bid from Ontario, Calif.-based Prime Healthcare Services.

12. Memorial Family of Services to join Virginia Mason
Virginia Mason Health System in Seattle will affiliate with Yakima, Wash.-based Memorial Family of Services.

13. Foundation HealthCare to acquire University General Hospital for $33M
Oklahoma City-based Foundation HealthCare, which owns and operates surgical hospitals, signed an agreement to acquire 69-bed University General Hospital in Houston, which filed for chapter 11 bankruptcy protection earlier this year.

14. Trinity Health, Billings scrap plans for partnership: 5 things to know
Partnership talks ended between Trinity Health, a nonprofit health system based in Minot, N.D., and Billings Clinic RegionalCare, a joint venture of Billings (Mont.) Clinic and Brentwood, Tenn.-based RegionalCare Hospital Partners.

15. Dearborn County Hospital, TriHealth to affiliate
Dearborn County Hospital in Lawrenceburg, Ind., plans to affiliate with Cincinnati-based TriHealth.

16. BJC HealthCare, Memorial Hospital affiliation finalized
St. Louis-based BJC HealthCare and Memorial Hospital in Belleville, Ill., finalized the terms of their proposed strategic affiliation.

17. Cleveland Clinic takes over Akron General Health System
Cleveland Clinic took over full ownership of Akron (Ohio) General Health System Nov. 2, following review of the deal by the Ohio Attorney General and the Federal Trade Commission.

18. University Hospitals becomes sole owner of St. John Medical Center
Cleveland-based University Hospitals took on full ownership of 204-bed St. John Medical Center in Westlake, Ohio.

19. Tenet, Duke LifePoint reach agreement for sale of Tenet's NC hospitals
Dallas-based Tenet Healthcare and Brentwood, Tenn.-based Duke LifePoint Healthcare entered a definitive agreement for the sale of Tenet's North Carolina hospitals and associated operations.

20. Boards sign off on Cascade Valley, Skagit Regional affiliation: 6 things to know
The boards of commissioners of Mount Vernon, Wash.-based Skagit Regional Health and Arlington, Wash.-based Cascade Valley Hospital and Clinics approved a definitive affiliation agreement.

21. Onslow calls off merger talks with Vidant, CarolinaEast: 5 things to know
Onslow Memorial Hospital in Jacksonville, N.C., scrapped plans to merge with CarolinaEast Medical Center in New Bern, N.C., and Vidant Health in Greenville, N.C.

22. Kalispell Regional, North Valley to affiliate: 6 things to know
Kalispell (Mont.) Regional Healthcare and Whitefish, Mont.-based North Valley Hospital agreed to move forward with an affiliation agreement that officials say will enhance the delivery of healthcare in the Flathead Valley and Northwest Montana.

23. UPenn partners with international health system
Philadelphia-based University of Pennsylvania Health System is partnering with Abu Dhabi-based VPS Healthcare, a 14-hospital system spanning the Middle East, Europe, the U.K. and India.

24. St. Joseph's to become Kaiser and Dignity facility: 6 things to know
Oakland, Calif.-based Kaiser Permanente and San Francisco-based Dignity Health agreed to jointly own St. Joseph's Medical Center in Stockton, Calif., in a first-of-its-kind partnership for the healthcare providers.

25. Loma Linda University Health, Southern Mono Healthcare District partner to enhance access: 6 things to know
Loma Linda (Calif.) University Health and the Southern Mono Healthcare District in Mammoth Lakes, Calif., entered into an affiliation agreement.

More articles on healthcare industry transactions:

10 of the most interesting healthcare transactions of 2015
50 healthcare deals hit the $1B mark so far in 2015
Third time's not a charm: Why the Lahey-Beth Israel merger has failed three times

 

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