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5 recent hospital transactions and partnerships

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

1. Shuttered Texas hospital accepts $1.5M takeover bid
A bid was accepted for Bowie (Texas) Memorial Hospital more than three months after the facility closed.

2. Bankrupt Kentucky hospital gets lifeline after halting inpatient services
Glasgow, Ky.-based T.J. Regional Health completed its $3.35 million acquisition of Westlake Regional Hospital in Columbia, Ky., which ceased inpatient services earlier this month.

3. Wellmont, Mountain States Health Alliance move forward with merger
The proposed merger between Kingsport, Tenn.-based Wellmont Health System and Johnson City, Tenn.-based Mountain States Health Alliance is now in the hands of state and federal regulators.

4. MemorialCare Health System enters joint venture partnership with Fresenius Medical Care
MemorialCare Health System in Fountain Valley, Calif., entered a joint venture partnership with Fresenius Medical Care North America of Waltham, Mass., to operate 15 dialysis clinics in California's Orange and Los Angeles Counties.

5. DuPage Medical Group to buy $1.7M stake in Naperville Surgical Centre
Downers Grove, Ill.-based DuPage Medical Group, the Chicago area's largest independent physician group, continues to grow rapidly. In its latest conquest, DMG has set its sights on a majority stake in a Naperville, Ill.-based outpatient surgery center for $1.7 million.

More articles on healthcare industry transactions:

Another hospital deal, another fight between Prime and SEIU
26 hospital transactions and partnerships in January
Why big hospital transactions were scarce in 2015

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