Some of the largest health system mergers and acquisitions over the two years have been cross-market transactions, a trend that is anticipated to gather momentum despite the Federal Trade Commission taking a firmer stance on deals that could potentially violate…
Transactions & Valuation Issues
The CEO of Derby, Conn.-based Griffin Hospital warned Gov. Ned Lamont that the debt burden of the hospital's parent company, Prospect Medical Holdings, and a recent cyberattack could complicate a potential sale to Yale New Haven Health, CT Mirror reported…
El Segundo, Calif.-based Pipeline Health has agreed a deal to sell White Rock Medical Center in Dallas to Heights Healthcare of Texas. The sale is expected to close on or before Oct. 2.
Children's Hospital of Philadelphia and Allentown, Pa.-based Lehigh Valley Health Network have inked an affiliation agreement to expand on their long-standing relationship.
Dallas-based Medical City Healthcare is edging closer to taking over Decatur, Texas-based Wise Health system, with the transaction due to close in the fourth quarter.
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The takeover of Burgaw, N.C.-based Pender Medical Center by Novant Health, which plans to turn the facility into a community hospital, took a step forward when county commissioners voted unanimously to approve the transaction, according to a Sept. 18 report…
CommonSpirit Health and AdventHealth decided to disaffiliate in February, breaking up their joint venture Centura Health.
St. Louis-based Mercy has finalized a lease agreement to operate and manage the county-owned Perry County Memorial Hospital in Perryville, Mo., effective Oct. 1.
The American Hospital Association has penned a 23-page letter asking the Federal Trade Commission and Justice Department not to finalize proposed adjustments to their merger guidelines.
UF Health, the University of Florida's academic health center in Gainesville, has completed the acquisition of St. Augustine, Fla.-based Flagler Health+, which will be renamed UF Health St. Johns.