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Hospital M&A: 13 recent deals by the numbers

Since Sept. 1, several mergers and acquisitions have taken place by U.S. health systems.

Below is a breakdown of 13 mergers and acquisitions that have been announced or completed, as reported by Becker's Hospital Review

1. Jefferson Health, Einstein Healthcare finalize merger, create 18-hospital system

The players: The deal involves Philadelphia-based health systems Jefferson Health and Einstein Healthcare Network.

The deal in a sentence: Jefferson Health and Einstein Healthcare Network have finalized their merger, more than three years after signing a letter of intent.

The numbers: The combination of the two academic medical centers creates an 18-hospital system with more than 50 outpatient and urgent care locations.

Read more here.

2. Beacon Health System adds 8th hospital, expands to Michigan with acquisition

The players: The deal involves South Bend, Ind.-based Beacon Health System and Three Rivers (Mich.) Health.

The deal in a sentence: Beacon Health System finalized an agreement on Oct. 4 to buy nonprofit community hospital Three Rivers Health.

The numbers: Three Rivers Health has 60 beds and 550 employees and will be Beacon Health System's eighth hospital and first inpatient facility in Michigan. Beacon Health System will invest in $20 million in upgrades throughout the next five years.

Read more here.

3. 200-bed hospital joins Penn Highlands Healthcare

The players: The deal involves Monongahela (Pa.) Valley Hospital and DuBois, Pa.-based Penn Highlands Healthcare.

The deal in a sentence: Monongahela Valley Hospital joined Penn Highlands Healthcare in a deal finalized Oct. 1.

The numbers: 200-bed Monongahela Valley Hospital is the seventh hospital in the Penn Highlands network.

Read more here.

4. AdventHealth acquires 230-bed Georgia hospital from HCA

The players: The deal involves Altamonte Springs, Fla.-based AdventHealth and Redmond Regional Medical Center in Rome, Ga.

The deal in a sentence: AdventHealth finalized its acquisition of Redmond Regional Medical Center, which was announced Oct. 1.

The numbers: AdventHealth is acquiring Redmond Regional's 230 beds and 1,500 employees for $637 million.

Read more here.

5. 170-bed Alabama hospital joins Huntsville Hospital System

The players: The deal involves Scottsboro, Ala.-based Highlands Medical Center and Huntsville (Ala.) Hospital Health System.

The deal in a sentence: Highlands Medical Center joined Huntsville Hospital Health System on Oct. 1.

The numbers: 179-bed Highlands Medical Center will be Huntsville Hospital System's 10th facility.

Read more here.

6. Appalachian Regional Healthcare to buy 72-bed Kentucky hospital

The players: The deal involves Lexington, Ky.-based Appalachian Regional Healthcare and Paul B. Hall Regional Medical Center in Paintsville, Ky.

The deal in a sentence: Appalachian Regional Healthcare announced Sept. 23 that it plans to acquire Paul B. Hall Regional Medical Center.

The numbers: Paul B. Hall has 72 beds.

Read more here.

7. HCA to buy 5 Utah hospitals from Steward

The players: The deal involves Nashville, Tenn.-based HCA Healthcare and five hospitals from Dallas-based Steward Health Care.

The deal in a sentence: HCA Healthcare plans to acquire five Utah hospitals from Steward Health Care.

The numbers: The five hospitals would become part of HCA Healthcare's mountain division, which has 11 hospitals in Utah, Idaho and Alaska.

Read more here.

8. Intermountain, SCL Health to merge into 33-hospital system

The players: The deal involves Salt Lake City-based Intermountain Healthcare and Broomfield, Colo.-based SCL Health.

The deal in a sentence: Intermountain Healthcare and SCL Health have signed a letter of intent to merge, the organizations announced Sept. 16.

The numbers: The combined system will have more than 58,000 employees, operate 33 hospitals and 385 clinics across six states and provide health insurance to about 1 million people.

Read more here.

9. University Health board approves plan to join Piedmont

The players: The deal involves Augusta, Ga.-based University Health Care System and Atlanta-based Piedmont Healthcare.

The deal in a sentence: University Health Care System's board approved its plan to join Piedmont Healthcare, reported Sept. 9.

The numbers: Piedmont would invest more than $1 billion into University Health's three hospitals. The investment would include $200 million for new floors to its heart and vascular institute, funds to integrate their EHRs and an overhaul of its 50-year-old main hospital building.

Read more here.

10. NorthShore, Edward-Elmhurst to merge into 9-hospital system

The players: The deal involves Evanston, Ill.-based NorthShore University HealthSystem and Naperville, Ill.-based Edward-Elmhurst Health.

The deal in a sentence: NorthShore University HealthSystem and Edward-Elmhurst Health announced Sept. 8 that they plan to merge under a new parent organization.

The numbers: The merger would establish a nine-hospital system with 25,000 employees and more than 300 ambulatory facilities. Each system will create two community investment funds and donate $100 million to their communities.

Read more here.

 

11. Beaumont, Spectrum ink formal integration agreement to create 22-hospital system

The players: The deal involves Southfield, Mich.-based Beaumont Health and Grand Rapids, Mich.-based Spectrum Health.

The deal in a sentence: Beaumont Health and Spectrum health signed a formal integration agreement to merge in September.

The numbers: The deal will create a 22-hospital health system with 64,000 team members.

Read more here.

12. Baptist Health, Deaconess join forces to operate 410-bed Kentucky hospital

The players: The deal involves Louisville, Ky.-based Baptist Health and Evansville, Ind.-based Deaconess Health System.

The deal in a sentence: Baptist Health and Deaconess Health System joined forces Sept. 1 to operate a rural Kentucky Hospital.

The numbers: Each health system will own 50 percent of the 410-bed hospital.

Read more here

13. HCA buys Tennessee hospital

The players: The deal involves Nashville, Tenn.-based HCA Healthcare and Springfield, Tenn.-based NorthCrest Health.

The deal in a sentence: HCA completed its purchase of NorthCrest Health, announced Sept. 1.

The numbers: Proceeds from the transaction will be approximately $14 million to $16 million for the 109-bed hospital. It will be the 11th hospital in HCA's TriStar Health network.

Read more here.

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