8 Recent Hospital Mergers & Acquisitions

The following hospital mergers and acquisitions took place within the past week, beginning with the most recent.

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1. City Officials Approve Pauls Valley General Hospital Sale

City officials approved the sale of Pauls Valley (Okla.) General Hospital to St. Anthony Hospital in Oklahoma City.

2. Carter Validus REIT Buys Vibra New Bedford Hospital
Carter Validus Mission Critical REIT, a real estate investment trust based in Tampa, Fla., purchased Vibra New Bedford (Mass.) Hospital for $26.1 million from Vibra Healthcare in Mechanicsburg, Pa.

3. Rumors Emerge For Potential Henry Ford Hospital, Beaumont Health System Merger

Detroit-based Henry Ford Hospital and Beaumont Health System in Royal Oak, Mich., may be in talks for a merger or affiliation.

4. Bayfront Medical Center to Join Health Management Associates, Affiliate with Shands HealthCare
St. Petersburg, Fla.-based Bayfront Health System signed a letter of intent to form a strategic partnership with Naples, Fla.-based Health Management Associates and its affiliate Shands HealthCare in Gainesville, Fla.

5. BJC HealthCare, 3 Other Hospitals Launch Collaborative Partnership
St. Louis-based BJC HealthCare, Kansas City, Mo.-based Saint Luke’s Health System, Springfield, Mo.-based CoxHealth and Springfield, Ill.-based Memorial Health System announced a partnership to create The BCJ Collaborative, which will bring the health systems together to work toward achieving higher quality care.

6. Sherman Health Announces Potential Partnership With Advocate Health Care

Elgin, Ill.-based Sherman Health announced its intent to partner with Oak Brook, Ill.-based Advocate Health Care.

7. Saint Vincent Health System to Affiliate with Cleveland Clinic for Cardiac Services
Saint Vincent Health System in Erie, Pa., agreed to a clinical affiliation for cardiovascular services with Cleveland Clinic.   

8. Baptist Community Services, Ardent Health Services Create Joint Venture

Amarillo, Texas-based Baptist Community Services and Ardent Health Services in Nashville, Tenn., formed (pdf) a joint venture to own and operate Baptist St. Anthony’s Health System in Amarillo.   

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