1. CHS to sell 25 hospitals as net loss swells to $1.7B in 2016
Franklin, Tenn.-based Community Health Systems will sell 25 hospitals this year after ending 2016 with a net loss.
2. CHS to sell 8 hospitals to Steward Health Care
Franklin, Tenn.-based Community Health Systems signed a definitive agreement to sell eight hospitals in Florida, Ohio and Pennsylvania to Boston-based Steward Health Care.
3. Blackstone closes $6.1B deal to acquire TeamHealth
New York City-based global asset manager Blackstone successfully closed its acquisition of Knoxville, Tenn.-based TeamHealth Holdings, a physician services organization.
4. Kaiser Permanente completes $1.8B acquisition of Group Health
Oakland, Calif.-based Kaiser Permanente completed its $1.8 billion acquisition of Seattle-based health plan Group Health Cooperative.
5. Prime Healthcare Foundation signs LOI to purchase Texas hospital
Prime Healthcare Foundation, the nonprofit affiliate of Ontario, Calif.-based Prime Healthcare Services, and Mission (Texas) Regional Medical Center signed a non-binding letter of intent for Prime Healthcare Foundation to purchase the medical center.
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