5 recent hospital transactions and partnerships

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

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1. Cascade Valley Hospital joins Skagit Regional Health’s network
Mount Vernon, Wash.-based Skagit Regional Health began leasing and operating Cascade Valley Hospital and Clinics in Arlington, Wash.

2. TeamHealth acquires operations of Tri-City Emergency Medical Group
Knoxville, Tenn.-based TeamHealth, a physician services organization, acquired the operations of Oceanside, Calif.-based Tri-City Emergency Medical Group.

3. Emergency services providers Schumacher, ECI Healthcare close merger
Emergency and hospital medicine management companies Lafayette, La.-based Schumacher Clinical Partners and Traverse City, Mich.-based ECI Healthcare Partners finalized their previously announced merger.

4. Richland Memorial Hospital could join Carle system
Richland Memorial Hospital in Olney, Ill., signed a letter of intent to explore the possibility of bringing the 135-bed hospital into the Urbana, Ill.-based Carle health system.

5. Sale of Southern Winds Hospital closes: 4 things to know
Southern Winds Hospital in Hialeah, Fla., was sold to 4225, an affiliate of Millennium Management in Miami.

More articles on healthcare industry transactions:

37 hospital transactions and partnerships in May
HCA to buy bankrupt Dallas hospital for $135M
Kaleida continues aggressive growth strategy

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