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7 recent hospital partnerships and transactions

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

1. Tenet, Baylor Scott & White to sell 218-bed Texas hospital
Dallas-based Baylor Scott & White Health and Tenet Healthcare reached a definitive agreement to sell Baylor Scott & White Medical Center-White Rock, a 218-bed hospital in Dallas, to Pipeline Health, a hospital management company based in Manhattan Beach, Calif. 

2. 2 shuttered Virginia hospitals secure buyers
Two shuttered rural hospitals in Virginia have been acquired, but there is no guarantee either facility will reopen.

3. Saint Luke's Health System to acquire 6 clinics from Mosaic: 5 things to know
Kansas City, Mo.-based Saint Luke's Health System is expanding its Kansas City footprint through the acquisition of six area clinics from St. Joseph, Mo.-based Mosaic Life Care.

4. Northwell Health acquires Mather Hospital
Port Jefferson, N.Y.-based John T. Mather Memorial Hospital agreed to join New Hyde Park, N.Y.-based Northwell Health.

5. UPMC, Cole Memorial ink integration agreement
Coudersport, Pa.-based Cole Memorial Hospital's board of directors approved an agreement to integrate with Pittsburgh-based UPMC.

6. KentuckyOne inks deal to sell Louisville assets
Louisville, Ky.-based KentuckyOne Health and Lexington, Ky.-based Appalachian Regional Healthcare signed a letter of intent to enter into exclusive negotiations for the sale of Saint Joseph Martin, a 25-bed critical access hospital in Martin, Ky.

7. U of Mississippi Medical Center affiliates with Anderson Regional
Jackson-based University of Mississippi Medical Center and Meridian, Miss.-based Anderson Regional Health System signed a three-year affiliation agreement.

More articles on healthcare industry transactions:

Massachusetts healthcare watchdog delays Lahey-Beth Israel merger
Proposed hospital mega-deals put pressure on CHS, Tenet and HCA
UCHealth acquires 2 hospitals, 17 freestanding emergency rooms

 

 

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