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

8 recent hospital transactions and partnerships

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

1. Tenet, Baptist Health create joint venture to operate Alabama network: 4 things to know
Birmingham, Ala.-based Baptist Health System and Dallas-based Tenet Healthcare formed a joint venture to own and operate a network of healthcare facilities serving Birmingham and central Alabama.

2. Baptist Health South Florida, Bethesda Health solidify merger plans
Coral Gables-based Baptist Health South Florida and Boynton Beach, Fla.-based Bethesda Health signed an agreement to merge.

3. Prime completes takeover of NJ health system
Ontario, Calif.-based Prime Healthcare Services completed its acquisition of Denville, N.J.-based Saint Claire's Health System, which was previously a member of Englewood, Colo.-based Catholic Health Initiatives.

4. Grady Memorial sets up bidding war with Prime Healthcare for Georgia hospital
Grady Memorial Hospital in Atlanta made a surprise bid to acquire financially troubled Southern Regional Medical Center in Riverdale, Ga.

5. Eastern Maine Healthcare Systems adds 9th hospital to its network
An affiliation between Brewer-based Eastern Maine Healthcare Systems and 64-bed Maine Coast Memorial Hospital in Ellsworth received all necessary regulatory approvals.

6. Crittenton Hospital Medical Center officially joins Ascension Michigan
St. Louis-based Ascension expanded its footprint as Crittenton Hospital Medical Center, a 290-bed facility in Rochester, Mich., is now part of Ascension Michigan.

7. West Jefferson Medical Center becomes part of LCMC Health: 5 things to know
West Jefferson Medical Center in Marrero, La., officially joined New Orleans-based LCMC Health.

8. Meadville Medical acquires Titusville Area Hospital: 6 things to know
Titusville (Pa.) Area Hospital officially became part of Meadville (Pa.) Medical Center.

More articles on healthcare industry transactions:

10 hospital deals that fell through this year
Small hospitals take center stage in 2015 deals
6 recent hospital transactions and partnerships

© Copyright ASC COMMUNICATIONS 2019. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

Top 40 Articles from the Past 6 Months