Six new health systems have recently launched under fresh brands following mergers, bankruptcies and turnaround acquisitions, each clearing regulatory reviews and closing conditions before going live:
1. Two Lawton, Okla.-based hospitals — Comanche County Memorial Hospital and Southwestern Medical Center — on Dec. 1 merged to form Memorial Health System of Southwest Oklahoma.
The merger was approved in September by Comanche County Memorial Hospital’s board of directors and the Comanche County commissioners. The combination will expand capacity to meet increasing demand, improve access to specialty services and streamline operations for greater efficiency.
The new system comprises 464 licensed beds: 265 at Comanche County Memorial and 199 at Southwestern Medical Center.
2. Secaucus, N.J.-based Hudson Regional Health launched in May 2025 after receiving approval from a bankruptcy court the previous month, marking the final step in CarePoint Health’s emergence from bankruptcy.
The new system includes more than 70 affiliated care sites and four hospitals: :
- Hudson Regional Hospital (Secaucus)
- Christ Hospital (Jersey City)
- Hoboken University Medical Center
- Bayonne Medical Center
Hudson Regional Health comprises 5,000 employees and over 1,500 physicians. It is led by CEO Nizar Kifaieh, MD, and Chair Yan Moshe, who invested more than $120 million to facilitate CarePoint’s restructuring and fund facility upgrades.
3. Black River Falls, Wis.-based Krohn Clinic, a multispecialty group, and Black River Memorial Hospital merged to create Black River Health. The merger came in response to growing healthcare challenges with Jackson County faring worse than the average county in Wisconsin for outcomes.
The new system maintains the operational independence of each founding organization while functioning as a unified entity. Leaders say this model is intended to help attract new providers, offer more specialties and expand access to care.
Black River Health leadership will be shared between Michelle Clark-Forsting, MD — Krohn Clinic president and administrator — who was named chief physician executive, and Carl Selvick — president and CEO of Black River Memorial — who was appointed CEO.
4. Elmira, N.Y.-based Arnot Health and Ithaca, N.Y.-based Cayuga Health System merged in January 2025 to create Centralus Health, a five-hospital system with more than $1 billion in annual revenue. The organization employs more than 6,500 individuals and serves a nine-county region in upstate New York.
While unified under the Centralus Health banner, Arnot and Cayuga facilities retained their existing names. The system launched a March 2025 go-live for a joint Epic EHR implementation, which both organizations are outsourcing.
Centralus Health aims to expand access to a full continuum of services — including advanced cardiac and cancer care, labor and delivery, outpatient services, behavioral health, and emergency transportation — and is committed to investing in capital improvements across its footprint.
5. Orange, Calif.-based Children’s Hospital of Orange County and Rady Children’s Hospital-San Diego merged in January 2025 to form Rady Children’s Health, a three-hospital system.
The parties shared plans to merge in December 2023 after collaborating for more than a decade.
The partnership builds on over a decade of collaboration and was announced in December 2023. Both institutions entered the merger from strong financial positions, united by a mission to improve pediatric outcomes across Southern California, accelerate research and the development of new treatments, and attract and retain top clinical talent.
Kimberly Cripe, who served as president and CEO of CHOC, now serves as CEOs of Rady Children’s Health.
6. Tenor Health Foundation, a California-based nonprofit founded in 2022 by CEO Radha Savitala, emerged last year as a multi-hospital operator focused on turning around financially distressed hospitals in rural and suburban markets.
Tenor acquired the shuttered Sharon (Pa.) Regional Medical Center from the former Dallas-based Steward Health Care portfolio in January 2025 and reopened it in May. On Feb. 1, 2026, Tenor completed its acquisition of Commonwealth Health, a three-hospital system formerly owned by Community Health Systems and based in Scranton, Pa. The system includes:
- Regional Hospital of Scranton (186 beds)
- Moses Taylor Hospital in Scranton (122 beds)
- Wilkes-Barre General Hospital (369 beds)
Tenor now operates four hospitals in Pennsylvania and its CEO has not ruled out further acquisitions should the right opportunities arise. The foundation’s growth highlights a new form of health system: a nonprofit turnaround operator stepping in where for-profit divestitures and bankruptcies have left care gaps.
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