Transactions & Valuation Issues

Ontario, Calif.-based Prime Healthcare is selling its 302-bed Alvarado Hospital Medical Center to UC San Diego Health for $200 million.

SEIU Healthcare Pennsylvania workers voiced concerns that a proposed merger between Pittsburgh-based UPMC and Washington (Pa.) Health System would harm patients and workers, Observer-Reporter Oct. 5.

Elevance's proposed $2.5 billion acquisition of Blue Cross and Blue Shield of Louisiana was put on hold in late September after the deal came under scrutiny from state senators and the attorney general.

Here are 15 revenue cycle management mergers, acquisitions and partnerships reported by or shared with Becker's in 2023:

West Virginia is now home to a larger academic health system through the combination of Huntington-based Mountain Health Network, Marshall Health and Marshall University, which was finalized Oct. 5. 

The auction for the bankrupt Mercy Iowa City hospital was postponed late Oct. 4 after a day of legal negotiations behind closed doors, according to a report from The Gazette.

Minnesota Attorney General Keith Ellison will hold a public meeting Oct. 25 to engage local communities as part of a review to ensure two proposed mergers in the state are in compliance with both federal and state law, according to…

Milwaukee-based Froedtert Health has struck a deal to acquire Ascension Wisconsion's stake in Network Health, the health insurer jointly owned by the systems.  

Here is a summary of hospital and healthcare merger and acquisition-related transactions from September:

Mercy Iowa City hospital is now under auction as a rival bid is competing with the University of Iowa health system, The Gazette reported Oct. 3.