Here are six transactions involving hospitals and health systems that were announced or finalized since Aug. 1:
1. Kootenai Health to acquire 2 hospitals
Coeur d’Alene, Idaho-based-based Kootenai Health entered into a letter of intent to acquire two critical access hospitals from Duluth, Minn.-based Essentia Health.
2. Shuttered Tennessee hospital sells for $200K
A physician assistant purchased Cumberland River Hospital in Celina, Tenn., which closed March 1.
3. Kentucky health system acquires 13th hospital
Lexington, Ky.-based Appalachian Regional Healthcare acquired Highlands Regional Medical Center, a 192-bed hospital in Prestonsburg, Ky., on Aug. 1.
4. Banner Health to acquire Colorado hospital
Phoenix-based Banner Health plans to acquire North Colorado Medical Center in Greeley, which it has operated since 1995.
5. CHS divests hospitals in Tennessee, Texas
Franklin, Tenn.-based Community Health Systems completed the sale of College Station (Texas) Medical Center and Tennova Healthcare-Lebanon (Tenn.).
6. Pennsylvania health systems to merge
Butler (Pa.) Health System and Clarion (Pa.) Healthcare System signed a definitive agreement to merge.
More articles on healthcare industry transactions:
Hospital M&A activity in Q2: 5 things to know
Bon Secours Mercy Health CEO talks Ireland merger: ‘Blood is thicker than water’
Hospital megamergers boost total transaction revenue near historic high, study finds
