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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