9 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. Huntsville Hospital to Acquire Decatur General, Consolidate Alabama Hospitals

Huntsville (Ala.) Hospital announced a 40-year lease agreement to acquire Decatur (Ala.) General Hospital

2. Methodist Le Bonheur Healthcare, Crittenden Regional Hospital Announce Affiliation

Crittenden Regional Hospital in West Memphis, Ark., entered into a new affiliation and consulting agreement with Methodist Le Bonheur Healthcare in Memphis, Tenn.

3. Holy Cross Hospital, Sinai Hospital Merger Moves Ahead
The merger between Holy Cross Hospital and Sinai Health System, both Chicago-based, is moving ahead.

4. Central Baptist Hospital to Manage Russell County Hospital in Kentucky

Central Baptist Hospital in Lexington, Ky., entered into an agreement to manage Russell County Hospital in Russell Springs, Ky.

5. Mercy Health, Capella Healthcare to Merge Arkansas Hospitals

The agreement between Mercy Health in Oklahoma City and Franklin, Tenn.-based Capella Healthcare to merge Mercy Hospital Hot Springs (Ark.) and National Park Medical Center in Hot Springs is moving forward despite initial reservation from local Catholic clergy.

6. BayCare Health System, Winter Haven Hospital Discuss Partnership
Winter Haven (Fla.) Hospital is discussing a consolidation with BayCare Health System in Clearwater, Fla.

7. Community Memorial Healthcenter in Virginia to Explore Affiliation

Community Memorial Healthcenter in South Hill, Va., appointed a steering committee to explore potential affiliations and partnerships that would enable CMH to continue delivering compassionate care and outstanding clinical services.

8. Former Board Member May Buy Shuttered Peninsula Hospital Center for $24M
A group led by former board of directors member Michael Melnicke is considered a strong candidate to buy the closed Far Rockaway, N.Y.-based Peninsula Hospital Center and its affiliated nursing home.

9. Steward Health Care to Acquire Mercy Health System of Maine
Mercy Health System of Maine in Portland entered into a non-binding letter of intent to be acquired by Boston-based Steward Health Care System.

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