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26 hospital transactions and partnerships in January

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

1. Jameson gets clearance to merge with UPMC pending consent decree
The Pennsylvania attorney general will not oppose a proposed merger between New Castle, Pa.-based Jameson Health System and Pittsburgh-based UPMC, allowing the deal to move forward if a consent decree is reached.

2.Alpena Regional, MidMichigan sign affiliation deal: 3 things to know
Alpena (Mich.) Regional Medical Center signed a definitive agreement to partner with nonprofit MidMichigan Health in Midland, an affiliate of Ann Arbor-based University of Michigan Health System.

3. CHI St. Luke's expands footprint in Texas
Brazosport Regional Health System in Lake Jackson, Texas, signed an affiliation agreement to become part of Houston-based CHI St. Luke's Health.

4. Montefiore Health System expands NY footprint
Bronx, N.Y.-based Montefiore Health System expanded its hospital network, as a deal for St. Luke's Cornwall Hospital in Newburgh, N.Y., to become a member of Montefiore received regulatory approval.

5. 2 Philadelphia health systems finalize merger deal
Aria Health System and Jefferson — a newly formed organization that includes Thomas Jefferson University and Jefferson Health — entered into a definitive agreement, which lays out the terms of how the two Philadelphia-based systems will integrate.

6. Jefferson and Kennedy Health explore merger
Philadelphia-based Jefferson health system and Kennedy Health in Voorhees, N.J., signed a letter of intent to pursue integration.

7. Catholic Medical Center to partner with Monadnock Community Hospital
Catholic Medical Center, a 330-bed hospital in Manchester, N.H., and Monadnock Community Hospital, a 25-bed critical access hospital in Peterborough, N.H., signed a letter of intent to explore an affiliation.

8. Anderson Hospital, Community Memorial Hospital sign affiliation deal
Anderson Hospital in Maryville, Ill., and Community Memorial Hospital in Staunton, Ill., signed a letter of intent to affiliate, allowing the two hospitals to move into a due diligence period to work out the exact structure of the deal.

9. Peconic Bay Medical Center officially joins Northwell Health
Riverhead, N.Y.-based Peconic Bay Medical Center officially joined Great Neck, N.Y.-based Northwell Health, formerly North Shore-LIJ Health System, Jan. 15.

10. Kaiser to manage Maui hospitals: 6 things to know
Hawaii Gov. David Ige signed a transfer agreement Jan. 14 allowing Oakland, Calif.-based Kaiser Permanente to manage the three state-owned hospitals in Maui County.

11. CHI St. Luke's acquires 5 freestanding ERs
Houston-based CHI St. Luke's Health formed a joint venture with Bellaire, Texas-based The Larkin Group to purchase five independent, freestanding PhysiciansER centers.

12. BCBS, Baptist Health, UAMS partner to share services
A partnership formed by some of the largest healthcare organizations in Arkansas expects to save its members millions of dollars.

13. Prospect finalizes deal to acquire Crozer-Keystone Health
Prospect Medical Holdings, a for-profit hospital operator based in Los Angeles, inked a definitive agreement to acquire Springfield, Pa.-based Crozer-Keystone Health System.

14. CHRISTUS Health to expand footprint in Texas
Tyler, Texas-based Trinity Mother Frances Hospitals and Clinics signed a letter of intent to become part of Irving, Texas-based CHRISTUS Health.

15. Salina Regional partners with Cloud County Health Center in Kansas
Salina (Kan.) Regional Health Center and Cloud County Health Center in Concordia, Kan., will enter into an operational and clinical affiliation beginning May 1.

16. University of Maryland Medical System, St. Agnes Healthcare ink affiliation deal
University of Maryland Medical System and Saint Agnes Healthcare, both based in Baltimore, developed a formal affiliation to create a regional, clinically integrated health system.

17. Novant, UVA Health create new regional system in Virginia
Winston-Salem, N.C.-based Novant Health and University of Virginia Health System, based in Charlottesville, closed on a deal to create a new organization called Novant Health UVA Health System.

18. FTC approves Virginia Mason-Yakima Valley Memorial merger
The merger between Yakima (Wash.) Valley Memorial Hospital and Seattle-based Virginia Mason Medical Center was made official on Jan. 1 after the Federal Trade Commission approved the deal.

19. Meridian Health finalizes merger with Raritan Bay Medical Center: 5 things to know
Neptune, N.J.-based Meridian Health completed its merger with Raritan Bay Medical Center — a two-hospital system based in Perth Amboy, N.J.

20. Trinity Health expands network in Connecticut
Johnson Memorial Medical Center in Stafford Springs, Conn., officially joined Livonia, Mich.-based Trinity Health's New England region on Jan. 1.

21. Tenet completes joint venture with Baylor Scott & White to own 5 Texas hospitals
Baylor Scott & White Health and Tenet Healthcare, both based in Dallas, completed a joint venture to own five Texas hospitals — a deal aimed at improving population health.

22. Duke LifePoint acquires Tenet's North Carolina hospitals
Brentwood, Tenn.-based Duke LifePoint Healthcare expanded its reach in North Carolina with the acquisition of two hospitals, which were previously owned by Dallas-based Tenet Healthcare.

23. LifePoint completes purchase of financially troubled Georgia hospital
Brentwood, Tenn.-based LifePoint Health expanded its network with the acquisition of 376-bed St. Francis Hospital in Columbus, Ga.

24. BayCare closes deal to acquire CHS hospital in Florida
After nearly 20 years under the ownership of for-profit hospital chains, Bartow (Fla.) Regional Medical Center was purchased by BayCare Health System, a nonprofit hospital network based in Clearwater, Fla.

25. Tuomey Healthcare, Palmetto Health finalize merger deal
Columbia, S.C.-based Palmetto Health and Sumter, S.C.-based Tuomey Healthcare System finalized their merger, a deal which has been in the works since February.

26. Foundation Healthcare acquires University General Hospital for $33M
Oklahoma City-based Foundation HealthCare, which owns and operates surgical hospitals, acquired 69-bed University General Hospital in Houston, which filed for chapter 11 bankruptcy protection in 2015.

 

 

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