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5 recent hospital transactions and partnerships

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

1. Prime Healthcare finalizes purchase of 2 Missouri hospitals
Ontario, Calif.-based Prime Healthcare Services completed its acquisition of 310-bed St. Joseph Medical Center in Kansas City, Mo., and 146-bed St. Mary's Medical Center in Blue Springs, Mo.

2. Huron Consulting Group finalizes $325M deal with Studer Group
Chicago-based Huron Consulting Group completed its acquisition of Studer Group, a Pensacola, Fla.-based healthcare consulting firm.

3. Alexian Brothers Health System, Adventist Midwest Health form third-largest system in Illinois
Hinsdale, Ill.-based Adventist Midwest Health and Arlington Heights, Ill.-based Alexian Brothers Health System finalized their agreement to form an integrated healthcare system.

4. Emory, WellStar in discussions to create new health system
Atlanta-based Emory University, which owns Emory Healthcare, and Marietta, Ga.-based WellStar Health System, the largest nonprofit system in Georgia, are discussing joining forces to create a new health system.

5. Tuomey, Palmetto Health looking at partnership
Sumter, S.C.-based Tuomey Healthcare System and Palmetto Health, a health system based in Columbia, S.C., are in merger talks.

More articles on healthcare industry transactions:

3 steps nonprofit health systems should take before merging
After Tenet deal fails, Connecticut system looks to backup plan
2014: The year of 95 hospital transactions — and more innovative ones at that

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