7 recent hospital transactions and partnerships

Alyssa Rege -

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.

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