Ontario, Calif.-based Prime Healthcare has completed its acquisition of Franciscan Health Olympia Fields (Ill.), a Prime spokesperson confirmed to Becker’s May 8. Olympia Fields, a 214-bed hospital, is Prime’s ninth in Illinois and 55th overall. In March 2025, the health…
Transactions & Valuation Issues
Sioux Falls, S.D.-based Sanford Health and Robbinsdale, Minn.-based North Memorial Health said May 8 they have signed a definitive agreement to come together as a single nonprofit health system, the latest major healthcare combination involving a Minnesota organization. Eight things…
Atrium Health and WakeMed announced merger plans and UPMC signed a definitive agreement that would see it enter a new state. Here are five hospital M&A moves Becker’s reported during the week of May 4: 1. Sioux Falls, S.D.-based Sanford…
Ardent Health President and CEO Marty Bonick said the for-profit system is optimistic about M&A opportunities, but “we are being very conservative and prudent in terms of where we’re going into.” “Given the macro uncertainties in healthcare, we want to…
“Growth” in 2026 no longer means adding more beds. It means shedding the wrong ones. Some of the country’s largest nonprofit health systems are divesting hospitals at the same moment for-profits are reshaping their portfolios — and the CEOs driving…
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The evidence against hospital consolidation has been piling up for years, with several studies demonstrating that mergers and acquisitions tend to increase healthcare costs without meaningfully improving quality. The University of Michigan Health in Ann Arbor set out to challenge…
The second quarter of 2026 has included a wave of health system transactions aimed at expanding market share, scaling care delivery and strengthening financial stability. Several deals announced in recent weeks reflect broader industry trends as hospitals pursue acquisitions, divestitures…
When Raleigh, N.C.-based WakeMed Health & Hospitals and Charlotte, N.C.-based Atrium Health shared plans May 1 to combine into a single system with a $2 billion investment from Atrium, minimal details were shared. During a May 5 press conference, recorded…
Chicago-based CommonSpirit Health and Pittsburgh-based UPMC have signed a definitive agreement to transfer ownership of Trinity Health System, based in Steubenville, Ohio, which includes multiple hospital facilities and clinics across the Ohio Valley. Six things to know: 1. The transaction…
Irving, Texas-based Christus Health took over operations May 1 at Mount Pleasant, Texas-based Titus Regional Medical Center, and renamed it Christus Health – Mount Pleasant Hospital, according to a May 1 release shared with Becker’s. Christus Health was selected as…