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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. BJC acquires Missouri hospital from Capella
BJC HealthCare, a nonprofit system based in St. Louis, finalized an agreement to purchase Farmington, Mo.-based Mineral Area Regional Medical Center from Capella Healthcare, based in Franklin, Tenn.

2. Scripps, Pioneers Memorial Hospital in affiliation negotiations
The board of directors of Brawley, Calif.-based Pioneers Memorial Healthcare District voted to pursue an affiliation arrangement with San Diego-based Scripps Health.

3. Trinity Health expands network in New York
Livonia, Mich.-based Trinity Health and St. Joseph's Hospital Health Center in Syracuse, N.Y., entered into a definitive agreement for St. Joseph's to join Trinity's network.

4. Nueterra to acquire Benefit Management
Leawood, Kan.-based healthcare company Nueterra is acquiring Benefit Management, a third-party health benefits administrator based in Great Bend, Kan.

5. Lafayette General Health partners with Ochsner Health System
Lafayette (La.) General Health and New Orleans-based Ochsner Health System formed a strategic partnership focused on increasing access to care, improving quality and reducing healthcare costs.

More articles on healthcare industry transactions:

26 hospital transactions and partnerships in April
For-profit vs. nonprofit: A breakdown of hospital deals over the past 5 years
3 reasons hospitals are avoiding mergers and choosing to affiliate instead

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