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7 recent hospital transactions and partnerships

The following healthcare mergers, acquisitions, partnerships and general transactions took place or were announced during the week of Feb. 19.

1. Bon Secours Health System, Mercy Health to merge: 4 things to know
Marriottsville, Md.-based Bon Secours Health System declared its intent to merge with Cincinnati-based Mercy Health Feb. 21 to create an $8 billion system.

2. UNC Health Care, Atrium execs reportedly frustrated by issue of control over merged entity
Executives at Chapel Hill, N.C.-based UNC Health Care and Charlotte, N.C.-based Atrium Health have reportedly addressed a number of shared concerns regarding their proposed merger. However, the issue of control over the merged organization has yet to be decided — a decision that will have ramifications for both institutions.

3. UF Health Shands, Central Florida Health partner to train physicians
Gainesville-based University of Florida Health Shands Hospital and Leesburg-based Central Florida Health entered into an affiliation agreement Feb. 7 to expand patient access to care and to explore the creation of primary care physician training opportunities.

4. Steward Health Care finalizes partnership to provide healthcare services in Malta
Boston-based Steward Health Care, the largest hospital operator in the U.S., finalized a public-private partnership to assume control of several public medical facilities in Malta, the health system announced Feb. 20.

5. Albertsons to buy remainder of Rite Aid not sold to Walgreens: 8 things to know
Grocery chain Albertsons plans to buy the rest of Rite Aid that is not being sold to Walgreens Boots Alliance.

6. Council delays DC hospital's $5M contract with new manager from taking effect: 4 things to know
Seven members of the Council of the District of Columbia filed a resolution Feb. 16 delaying the council's decision on Washington, D.C.-based United Medical Center's pending $5 million contract with hospital operator Mazars USA.

7. Physician group submits bid to reinstate healthcare operations at shuttered 157-year-old California hospital site
A California physician group reportedly submitted a bid to reinstate select healthcare operations at the site of the former Los Angeles-based Pacific Alliance Medical Center, which shuttered last November citing costs related to retrofitting its facilities to meet the state's seismic standards.

More articles on transactions and valuations:
North Carolina AG demands more details on proposed UNC Health Care-Atrium merger
Michigan Medicine, Trinity Health subsidiary to partner on 'master affiliation,' joint venture: 4 things to know
U of Texas regents approve Ardent partnership to take over Texas health system

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