Winston-Salem, N.C.-based Novant Health has completed its acquisition of Community Hospital of Stokes, a 53-bed critical access hospital in Danbury, N.C. The Stokes County (N.C.) Board of Commissioners began searching for a new healthcare partner to purchase or lease and…
Transactions & Valuation Issues
Franklin, Tenn.-based Community Health Systems exited both Pennsylvania and Arkansas following the completion of two separate divestitures, as the for-profit system continues to reshape its portfolio. CHS now comprises 60 hospitals across 12 states: Alabama, Alaska, Arizona, Florida, Georgia, Indiana,…
Six new health systems have recently launched under fresh brands following mergers, bankruptcies and turnaround acquisitions, each clearing regulatory reviews and closing conditions before going live: 1. Two Lawton, Okla.-based hospitals — Comanche County Memorial Hospital and Southwestern Medical Center…
Fairfield Medical Center in Lancaster, Ohio, signed a nonbinding letter of intent June 1 to explore a formal partnership with Chillicothe, Ohio-based Adena Health after Fairfield’s planned acquisition by Columbus-based OhioHealth fell through. “Although regulatory hurdles created obstacles to our…
Franklin, Tenn.-based Community Health Systems sold four Arkansas hospitals June 1 to Joplin, Mo.-based Freeman Health System for $110 million, according to a CHS news release. The hospitals are part of CHS subsidiary Springdale, Ark.-based Northwest Health. The sale covers…
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HCA struck an agreement to acquire an 8,000-student healthcare college, and an independent Maine hospital cleared a regulatory hurdle to joining MaineHealth. Here are three hospital M&A moves that Becker’s reported during the week of May 25: 1. York (Maine)…
York (Maine) Hospital is a step closer to joining Portland-based MaineHealth after receiving certificate-of-need approval from the state’s department of health and human services. The independent hospital signed a letter of intent in October to join MaineHealth, citing an increasingly…
Marriottsville, Md.-based Bon Secours has doubled its urgent care footprint in Virginia following the integration of 12 former MedExpress urgent care centers, according to a May 28 news release shared with Becker’s. The locations, acquired in March 2025, now operate…
HCA Healthcare has agreed to acquire The College of Health Care Professions, a Houston-based allied healthcare training provider that enrolls more than 8,000 students annually across 10 Texas campuses and online. The Nashville-based health system announced the deal May 27…
Watertown, S.D.-based Prairie Lakes Healthcare System will begin transitioning its name and branding to Sanford Health Watertown in late June after the system merged in October with Sioux Falls, S.D.-based Sanford Health. The phased rebranding is part of the two…