1. Geisinger Health System, Holy Spirit Health System affiliation approved
The Pennsylvania Attorney General and the Pennsylvania Department of Health approved an affiliation between Camp Hill, Pa.-based Holy Spirit Health System and Danville, Pa.-based Geisinger Health System.
2. Hackensack University Health Network, Meridian Health to merge
Hackensack (N.J.) University Health Network and Neptune, N.J-based Meridian Health signed a memorandum of understanding to consider merging.
3. TriHealth, McCullough-Hyde Memorial Hospital agree to affiliate
Cincinnati-based TriHealth and McCullough-Hyde Memorial Hospital in Oxford, Ohio signed a letter of intent to affiliate.
4. Alecto Healthcare Services to acquire Texas Health Presbyterian Hospital-WNJ
For profit Alecto Healthcare Services, headquartered in Los Angeles, entered into a definitive agreement to acquire 237-bed Texas Health Presbyterian Hospital-WNJ in Sherman.
5. Prime Healthcare Services to acquire majority of Carondelet Health’s facilities
Ontario, Calif.-based Prime Healthcare Services signed a definitive agreement to acquire hospitals, long-term care facilities and other assets of Carondelet Health in Kansas City, Mo., which is part of St. Louis-based Ascension.
6. Baptist Health to partner with University of Texas MD Anderson Cancer Center
Baptist Health in Jacksonville, Fla., signed a letter of intent to partner with The University of Texas MD Anderson Cancer Center in Houston.
More articles on healthcare industry transactions and valuation:
Prime Healthcare wins Monroe Hospital’s bankruptcy auction
Finding debt synergies after a merger: 4 things to know
Prime Healthcare’s aggressive M&A approach: 10 things to know
