Paragould-based Arkansas Methodist Medical Center and Memphis, Tenn.-based Baptist Memorial Health Care plan to merge. Five things to know:
Transactions & Valuation Issues
A group of Ohio residents have submitted a letter asking Ohio Attorney General Dave Yost to investigate Akron-based Summa Health’s proposed sale to venture capital firm General Catalyst’s Health Assurance Transformation Corp. subsidiary. The group, Summa Is Not For Sale,…
Two medical groups caring for Kaiser Permanente members have forged a closer alignment to increase patient access and improve quality of care. Northwest Permanente in Oregon and The Permanente Medical Group of Northern California formally unveiled their affiliation April 16,…
St. Louis-based Ascension plans to acquire full ownership of Cedar Park (Texas) Medical Center, a 126-bed facility, for $460 million in cash. Four things to know: 1. Franklin, Tenn.-based Community Health Systems has signed a definitive agreement to sell its…
A merger of Danbury, Conn.-based Nuvance Health with New Hyde Park, N.Y.-based Northwell has been approved by the Connecticut Office of Health Strategy through a certificate-of-need application. Northwell and Nuvance shared plans to integrate into a nonprofit, regional system in…
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Magee (Miss.) General Hospital and South Central Regional Medical Center in Laurel plan to merge this summer, formalizing a partnership that has been developing since 2023. The two Mississippi hospitals have been collaborating under an administrative services agreement since July…
South Bend, Ind.-based Beacon Health System has signed a definitive agreement to acquire Ascension Michigan’s southwest region, which includes four hospitals, 35 outpatient clinics and an ambulatory surgery center. The hospitals include: “Expanding our reach deeper into southwest Michigan broadens…
Winston-Salem, N.C.-based Novant Health has made a string of recent acquisitions to expand its footprint across the Carolinas, with its latest acquisition signaling a deepening focus on outpatient care. In its newest transaction, Novant Health, in partnership with MedQuest Associates,…
Doylestown (Pa.) Health has officially joined the University of Pennsylvania Health System and will now be known as Penn Medicine Doylestown Health along with its affiliates. Doylestown Hospital, a 245-bed teaching hospital, will become Penn Medicine’s seventh hospital, according to…
The County of Santa Clara, Calif., has assumed ownership and operations of Regional Medical Center in San Jose, Calif., effective April 1. The hospital is now part of San Jose, Calif.-based Santa Clara Valley Healthcare, which operates the county’s public…