Sponsored by VMG Health | info@vmghealth.com | 214.369.4888

8 Recent Hospital Mergers & Acquisitions

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

1. Mercy Health System of Maine, Eastern Maine Healthcare Systems Sign Letter of Intent
Mercy Health System of Maine in Portland and Eastern Maine Healthcare Systems in Brewer entered into a non-binding letter of intent for Eastern Maine to acquire Mercy Health.  

2. Mercy Health System of Maine Terminates Potential Deal With Steward Health

Boston-based Steward Health Care System and Mercy Health System of Maine in Portland terminated a letter of intent under which Steward would have purchased Mercy from its parent company, Catholic Health East in Newtown Square, Pa.  

3. City Approves Sale of Dolly Vinsant Memorial Hospital in Texas

The City Commission of San Benito, Texas, approved the sale of San Benito-based Dolly Vinsant Memorial Hospital's facility.

4. Prime Healthcare Services, Saint Michael's Medical Center Sign Letter of Intent

Prime Healthcare Services in Ontario, Calif., and Saint Michael's Medical Center in Newark, N.J., signed a non-binding letter of intent for Prime Healthcare to purchase the medical center.  

5. LSU Health Hospital Pursues Partnership Following Mass Budget Cuts

Leonard J. Chabert Medical Center in Houma, La., is pursuing a potential partnership with private hospitals.

6. HMA's Venice Regional Medical Center to Align With UF&Shands Healthcare
Venice (Fla.) Regional Medical Center formed a strategic alliance with University of Florida & Shands Healthcare in Gainesville, Fla.  

7. Geisinger Health System to Explore Partnership With Lewistown Hospital
Geisinger Health System in Danville, Pa., and Lewistown (Pa.) Hospital signed a non-binding letter of intent for a potential partnership.  

8. University General Health System to Purchase South Hampton Community Hospital in Dallas
University General Health System in Houston executed an agreement to purchase South Hampton Community Hospital in Dallas, effective Dec. 31.  

© Copyright ASC COMMUNICATIONS 2020. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

Featured Webinars

Featured Whitepapers