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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. Montefiore Health System expands NY footprint
Bronx, N.Y.-based Montefiore Health System expanded its hospital network, as a deal for St. Luke's Cornwall Hospital in Newburgh, N.Y., to become a member of Montefiore received regulatory approval.

2. 2 Philadelphia health systems finalize merger deal
Aria Health System and Jefferson — a newly formed organization that includes Thomas Jefferson University and Jefferson Health — entered into a definitive agreement, which lays out the terms of how the two Philadelphia-based systems will integrate.

3. Jefferson and Kennedy Health explore merger
Philadelphia-based Jefferson health system and Kennedy Health in Voorhees, N.J., signed a letter of intent to pursue integration.

4. Catholic Medical Center to partner with Monadnock Community Hospital
Catholic Medical Center, a 330-bed hospital in Manchester, N.H., and Monadnock Community Hospital, a 25-bed critical access hospital in Peterborough, N.H., signed a letter of intent to explore an affiliation.

5. Anderson Hospital, Community Memorial Hospital sign affiliation deal
Anderson Hospital in Maryville, Ill., and Community Memorial Hospital in Staunton, Ill., signed a letter of intent to affiliate, allowing the two hospitals to move into a due diligence period to work out the exact structure of the deal.

More articles on healthcare industry transactions:

Hospital M&A activity jumps 70% in 5 years: 8 findings
5 recent hospital transactions and partnerships
15 recent hospital transactions and partnerships

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