1. Trinity Health to acquire Saint Francis Care
Livonia, Mich.-based Trinity Health signed a definitive agreement to acquire Saint Francis Care, a three-hospital system based in Hartford, Conn.
2. Rockford Health System, Mercy Health System merger receives go-ahead
The merger between Janesville, Wis.-based Mercy Health System and Rockford (Ill.) Health System was approved, creating a regional health system that will provide healthcare services to patients in northern Illinois and southern Wisconsin.
3. 102-year-old hospital in New Jersey sells for $26M
Runnells Specialized Hospital, a 102-year-old facility in Berkeley Heights, N.J., was sold to Center Management Group in Flushing, N.Y., for $26 million.
4. Northern Westchester Hospital to join North Shore-LIJ Health System
Northern Westchester Hospital in Mount Kisco, N.Y., is set to join North Shore-Long Island Jewish Health System in Manhasset, N.Y., under an agreement signed by both organizations.
5. Baptist Health to form joint venture with Tenet subsidiary
Birmingham, Ala.-based Baptist Health System signed an exclusive, non-binding letter of intent to form a jointly owned company with 645-bed Brookwood Medical Center in Birmingham, a subsidiary of Dallas-based Tenet Healthcare.
More articles on healthcare industry transactions:
Union continues fight against Prime Healthcare deal in California
5 healthcare transactions with the highest price tags in 2014
Breaking down the 5 most interesting hospital M&A deals of the year
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.