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6 recent hospital transactions and partnerships

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

1. Anderson Hospital affiliates with Community Memorial Hospital
Anderson Hospital in Maryville, Ill., became the corporate parent of 25-bed Community Memorial Hospital in Staunton Ill., under an affiliation agreement signed by the boards of both hospitals.

2. UW Health and UnityPoint – Meriter explore joint operating agreement
Leaders from UW Health and UnityPoint – Meriter in Madison, Wis., signed letters of intent to explore a joint operating agreement that would deepen their existing clinical collaboration and combine their health insurance businesses.

3. Hallmark Health to join Wellforce
Medford Mass.-based Hallmark Health's board of trustees approved a letter of intent to join Burlington, Mass.-based Wellforce.

4. Prospect's acquisition of Crozer-Keystone clears final regulatory hurdle
The Delaware County Orphans Court approved the sale of Springfield, Pa.-based Crozer-Keystone Health System to Prospect Medical Holdings, a for-profit hospital operator based in Los Angeles.

5. Baptist Health to acquire Floyd Memorial Hospital for $300M
Louisville, Ky.-based Baptist Health moved forward with its purchase of Floyd Memorial Hospital in New Albany, Ind.

6. Kindred Healthcare completes another swap arrangement for hospitals
Louisville, Ky.-based Kindred Healthcare completed the acquisition of an additional long-term acute care hospital operated by Mechanicsburg, Pa.-based Select Medical Holdings Corp. and sold an additional LTAC hospital to Select.

More articles on healthcare industry transactions:

21 hospital transactions and partnerships in June
7 RCM transactions so far in 2016

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