Below is a breakdown of the transactions the for-profit hospital companies have entered into since Jan. 1.
Community Health Systems
Jan. 1: Franklin, Tenn.-based Community Health Systems completed the sale of Mary Black Health System, a two-hospital system based in Spartanburg, S.C. The company divested 207-bed Mary Black Health System-Spartanburg and 125-bed Mary Black Health System-Gaffney (S.C.), as well as their related businesses, to Spartanburg (S.C.) Regional Healthcare System.
Jan. 31: A nonprofit run by Bloomfield, N.J.-based Community Healthcare Associates completed its purchase of Salem, N.J.-based Memorial Hospital of Salem County from CHS.
March 1: CHS sold four South Carolina hospitals to Medical University of South Carolina Hospital Authority in Charleston. The transaction included the following hospitals: 82-bed Chester Regional Medical Center; 225-bed Springs Memorial Hospital in Lancaster; 396-bed Carolinas Hospital System in Florence; and 124-bed Carolinas Hospital System-Marion in Mullins.
July 31: CHS completed the sale of 167-bed College Station (Texas) Medical Center to Bryan, Texas-based CHI St. Joseph Health.
Aug. 1: CHS sold 245-bed Tennova Healthcare-Lebanon (Tenn.) to Nashville, Tenn.-based Vanderbilt University Medical Center.
Sept. 1: CHS sold two Florida hospitals to Altamonte Springs, Fla.-based AdventHealth. The two hospitals included in the transaction were 193-bed Heart of Florida Regional Medical Center in Davenport and 160-bed Lake Wales (Fla.) Medical Center.
Oct. 1: CHS completed the sale of 92-bed Bluefield (W.Va.) Regional Medical Center to Princeton (W.Va.) Community Hospital.
Oct. 29: CHS entered into a definitive agreement to sell three Virginia hospitals to Cincinnati-based Bon Secours Mercy Health. The agreement includes the following hospitals: 300-bed Southside Regional Medical Center in Petersburg, 105-bed Southampton Memorial Hospital in Franklin and 80-bed Southern Virginia Medical Center in Emporia.
HCA Healthcare
Jan. 25: Nashville, Tenn.-based HCA Healthcare signed a letter of intent to take over Frisbie Memorial Hospital in Rochester, N.H.
Feb. 1: HCA completed its acquisition of Mission Health, a six-hospital system based in Asheville, N.C. The $1.5 billion deal closed five months after HCA and Mission signed a definitive agreement.
July 1: HCA completed the purchase of 24 urgent care centers in Texas from Fresenius Medical Care, which is based in Germany.
Sept. 26: Meadows Regional Medical Center in Vidalia, Ga., announced it signed a letter of intent to join HCA.
Quorum Health
April 15: Brentwood, Tenn.-based Quorum Health, a spinoff of Community Health Systems, completed the sale of Scenic Mountain Medical Center, a 146-bed hospital in Big Spring, Texas, to Dallas-based Steward Health Care.
Sept. 30: Quorum completed the divestiture of 106-bed Watsonville (Calif.) Community Hospital. Quorum sold the hospital to Los Angeles-based Halsen Healthcare roughly four months after the parties entered into a definitive agreement.
Tenet Healthcare
Jan. 29: Tenet announced it had completed the sale of its three remaining hospitals in the Chicago area: Weiss Memorial Hospital in Chicago; Westlake Hospital in Melrose Park, Ill.; and West Suburban Medical Center in Oak Park, Ill.
More articles on healthcare industry transactions:
CommonSpirit divests KentuckyOne Health
Banner acquires Colorado hospital
Healthcare M&A spending tops $51B in Q3
