3 recent healthcare partnerships and transactions

The following healthcare mergers, acquisitions, partnerships and general transactions took place or were announced during the week of May 28.  

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1. HCA could soon own 53 hospitals in Texas
Nashville, Tenn.-based HCA Healthcare is looking to expand its Gulf Coast Division with the addition of North Cypress Medical Center in Houston.

2. Cone Health, Randolph Health merger is off
Randolph Health, a 145-bed facility in Asheboro, N.C., and Greensboro, N.C.-based Cone Health no longer plan to merge.

3. CHS divests 3 Tennessee hospitals
Franklin, Tenn.-based Community Health Systems sold three hospitals in Tennessee to Jackson-based West Tennessee Healthcare on June 1.

More articles on transactions and valuations:
District to seek bids to reopen shuttered Tulare Regional weeks after FBI raids ex-CEO’s home
Tenet’s Detroit Medical Center to sell outpatient pharmacy business to Walgreens
St. Joseph Health agrees to continue operating 80-bed California hospital until 2020

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