9 recent hospital transactions and partnerships

Alyssa Rege - Print  | 

The following healthcare mergers, acquisitions and general partnerships took place or were announced the week of March 27.

1. Board of Governors OKs UCF, HCA hospital deal
The Florida Board of Governors, which oversees state universities, unanimously approved Orlando-based University of Central Florida and the Nashville, Tenn.-based Hospital Corporation of America's joint proposal to build a 100-bed hospital adjacent to the medical school March 30.

2. Quorum Health to sell another Georgia hospital
Brentwood, Tenn.-based Quorum Health inked a definitive agreement to sell 231-bed Trinity Hospital of Augusta (Ga.) to The Richmond County Hospital Authority.

3. FTC orders DaVita to divest 7 clinics as part of Renal Ventures acquisition deal
The Federal Trade Commission ordered Denver-based DaVita, a kidney dialysis chain, to divest five clinics in New Jersey and two clinics in Texas as part of a settlement resolving a complaint that the company's $358 million acquisition of Lakewood, Colo.-based Renal Ventures Management is anticompetitive.

4. Seattle Children's purchases nearby spiritual center: 5 things to know
Seattle Children's will have a new location for training events and educational meetings following its purchase of the Center for Spiritual Living's campus.  

5. Tenet Healthcare closes $16M sale of Harbor Health Plan
Dallas- based Tenet Healthcare closed its sale of Harbor Health Plan to Trusted Health Plan, a Washington, D.C.-based managed care company.  

6. Eleanor Slater Hospital to join the Hospital Association of Rhode Island
Eleanor Slater Hospital, a state psychiatric institution with locations in Cranston, R.I., and Pascoag, R.I., joined the Hospital Association of Rhode Island April 1.

7. Radiology Partners adds 22 sites across 5 states
El Segundo, Calif.-based Radiology Partners will add 22 sites in North Carolina, Illinois, Indiana, Texas and Ohio to its network of over 260 hospitals, clinics and imaging centers across nine states.

8. Evolent Health mulls merger with Advisory Board
Evolent Health, a healthcare technology provider based in Arlington, Va., will explore a merger with Washington, D.C.-based The Advisory Board Company, a business consulting company that helped launch Evolent five years ago. 

9. Quorum Health continues divestiture spree with sale of Alabama hospital
Brentwood, Tenn.-based Quorum Health Corp. sold 60-bed Cherokee Medical Center in Centre, Ala., to NNZ Holdings in Sunrise, Fla.

More articles on transactions and valuations:
76 hospital transactions and partnerships in March
This week's 3 most-read transactions and valuations stories
Board of Governors OKs UCF, HCA hospital deal

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