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4 recent hospital transactions and partnerships

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

1. Prime backs out of controversial hospital deal in California
Prime Healthcare Services, a for-profit hospital operator based in Ontario, Calif., decided to pass on a deal to acquire Los Altos, Calif.-based Daughters of Charity Health System's hospitals.

2. Novant, UVA Health in talks to create new system in Virginia
Winston-Salem, N.C.-based Novant Health and University of Virginia Health System, based in Charlottesville, signed a non-binding letter of intent to create a new regional health system in Northern Virginia.

3. Partners completes controversial acquisition of medical group
Boston-based Partners HealthCare completed its takeover of Harbor Medical Associates.

4. Saint Catherine property sold for $550k
The former site of Saint Catherine Medical Center Fountain Springs in Ashland, Pa., was sold to Ashland Properties, an affiliate of San Clemente, Calif.-based Sovereign Health Group.

More articles on healthcare industry transactions:

Prime CEO: Abandoning deal wasn't about putting profit first
Tenet CEO shares thoughts on the hospital mega-deal in Alabama
Report: Significant hospital deals expected to continue in 2015

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