8 recent hospital transactions and partnerships

Ayla Ellison -

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 © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.