Transactions & Valuation Issues

Grant Memorial Hospital in Petersburg, W.Va., became a full member of the West Virginia University Health System, effective July 1.

Toledo, Ohio-based ProMedica is selling a hospital in Tecumseh, Mich., which has been closed since 2020.

Houston-based Nutex Health, a micro-hospital network, opened the Covington Trace ER & Hospital, in Mandeville, La. 

Gainesville-based Northeast Georgia Health System has expedited its takeover of Demorest, Ga.-based Habersham Medical Center as Habersham continued to bleed money, according to a July 5 Atlanta Business Chronicle report.

Healthcare M&A continued apace in the first six months of this year. Here are some of the most significant transactions during the period.

The long-awaited incorporation of Exeter (N.H.) Health Resources into Cambridge, Mass.-based Beth Israel Lahey Health is now official after all regulatory approvals were confirmed.

Christus Health will acquire Gerald Champion Regional Medical Center in Alamogordo, N.M., effective July 1. 

American Healthcare Systems, a Los Angeles-based healthcare operator, has made multiple moves to purchase hospitals in 2023. Here are three purchases the company has made since April: 

American Healthcare Systems has purchased Wilson N. Jones Regional Medical Center, a 214-bed hospital in Sherman, Texas, KXII reported June 28. 

After more than 18 months since signaling plans to combine, Boston Children's Hospital and Brighton, Mass.-based Franciscan Children's said they will close on an affiliation agreement July 1.