DAP Health's acquisition of bankrupt Borrego Springs, Calif.-based clinic chain Borrego has received final approvals, and the two will now operate as one integrated system.
Transactions & Valuation Issues
Winston Salem, N.C.-based Novant Health is set to become a 30 percent owner of Conway (S.C.) Medical Center after the two systems said August 1 they will pursue a strategic partnership.
Evansville, Ind.-based Deaconess Health, a 20-hospital system, entered into an affiliation agreement July 26 to acquire the Memorial Hospital and Health Care Center based in Jasper, Ind.
The Federal Trade Commission's proposed merger guidelines could complicate Pittsburgh-based UPMC's merger with Washington (Pa.) Health System, the Pittsburgh Post-Gazette reported July 28.
Marietta, Ga.-based Wellstar Health System has received approval from the Georgia Office of the Attorney General to take over Augusta (Ga.) University Health, Atlanta Business Chronicle reported July 28.
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Shuttered Madera (Calif.) Community Hospital reached an initial agreement to have Roseville, Calif.-based Adventist Health take over operations.
Franklin, Tenn.-based Community Health Systems reached a definitive agreement April 15 to sell its 80% ownership stake in a Texas hospital to St. Louis-based Ascension for $460 million. Since 2020, CHS has announced or completed the sale of 35 hospitals: …
Sioux Falls, S.D.-based Sanford Health and Minneapolis-based Fairview Health Services have hit the brakes on their merger after multiple delays.
Peoria, Ill.-based OSF HealthCare received approval from the Illinois Health Facilities and Services Review Board for a certificate of application to take over shuttered St. Margaret’s Heath-Peru (Ill.).
Duluth, Minn.-based Essentia Health and Marshfield (Wis.) Clinic Health System have signed an integration agreement to form a 25-hospital regional health system across four states.