Aurora, Colo.-based UCHealth and Pueblo, Colo.-based Parkview Health System said July 12 they were delaying their tie-up because of unresolved "regulatory matters."
Transactions & Valuation Issues
From the delay of UCHealth and Parkview's proposed combination, to Aspirus Health and St. Luke's signing a letter of intent to affiliate, here are nine hospital and health system mergers and acquisitions updates Becker's reported since July 5:
Hospital and health systems transactions returned to pre-pandemic levels in the second quarter of 2023, according to a July 13 report from Kaufman Hall.
UCSF Health is in talks with Dignity Health to acquire the system's clinical presence in San Francisco, including St. Mary's Medical Center, Saint Francis Memorial Hospital and associated outpatient and urgent care clinics.
The number of physicians in private practice dropped 13 percentage points over the last decade while the number of physicians working in practices with at least some hospital or health system ownership jumped 8 percentage points, according to a new…
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Southwestern Vermont Medical Center in Bennington has joined Lebanon, N.H.-based Dartmouth Health, now a six-hospital system.
Los Angeles-based American Healthcare Systems, which has been busy buying up hospitals this year, took a big step forward with its proposed acquisition of Montebello, Calif.-based Beverly Community Hospital after the California attorney general conditionally approved the transaction July 7.
Two financially challenged health systems have recently said they want to sell some of their laboratory assets to Burlington, N.C.-based Labcorp in a bid to help ease such issues.
Wausau, Wis.-based Aspirus Health and Duluth, Minn.-based St. Luke's have signed a letter of intent to affiliate and jointly serve patients in their home states and Michigan, according to a July 12 release.
Municipal officials in Juneau, Alaska, approved the appropriation of $8.1 million for Bartlett Regional Hospital to purchase the property and buildings that currently house Juneau Bone and Joint Center, Juneau Empire reported July 11.