6 Recent Hospital Mergers & Acquisitions

The following hospital mergers and acquisitions took place within the past week, beginning with the most recent.

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1. Robinson Memorial Hospital in Ohio to Become Non-Profit Hospital
Portage County Commissioners approved a lease agreement that will change Robinson Memorial Hospital in Ravenna, Ohio, from a county-owned hospital to a non-profit hospital.

2. Caldwell Memorial Hospital in North Carolina May Join UNC Health Care System
Caldwell Memorial Hospital in Lenoir, N.C., decided to move forward with exclusive negotiations to join the University of North Carolina Health Care System in Chapel Hill.

3. Lawrence & Memorial Hospital Completes Regulatory Filings for Westerly Hospital Acquisition
Lawrence & Memorial Hospital in New London, Conn., completed the regulatory filings for its purchase of Westerly (R.I.) Hospital and hopes to receive regulatory approval quickly.

4. Kewanee Hospital in Illinois Pursues Affiliation With OSF HealthCare
Kewanee (Ill.) Hospital signed a letter of intent to affiliate with OSF HealthCare in Peoria, Ill.

5. HealthCare Midwest in Michigan to Join Bronson Healthcare

HealthCare Midwest in Kalamazoo, Mich., plans to join Bronson Healthcare in Kalamazoo.

6. Lakeland Regional Medical Center, University of South Florida Partnership Moves Forward
Lakeland (Fla.) Regional Medical Center received approval from Lakeland city commissioners to amend the city’s contract with the hospital, allowing the hospital’s partnership with the University of South Florida to advance.

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