Ogdensburg, N.Y.-based North Star Health Alliance said it plans to develop a strategic partnership with Rochester (N.Y.) Regional Health to help restore the bankrupt system’s long-term financial and operational stability. North Star’s boards of directors conducted a potential partner evaluation…
Transactions & Valuation Issues
Jackson-based University of Mississippi Medical Center received bankruptcy court approval July 17 to take over Greenwood (Miss.) Leflore Hospital, effective Aug. 1. The two parties signed a letter of intent in early March to explore the potential takeover. The Mississippi…
Chattanooga, Tenn.-based Erlanger Health signed a non-binding letter of intent July 22 to join Greenville, S.C.-based Prisma Health, the two nonprofit systems announced. The proposed partnership includes $2 billion in strategic capital investments to expand access to care and accelerate…
AdventHealth and Intermountain Health have signed a letter of intent to form a joint venture combining their greater Denver-area hospitals and care sites. Here are five things to know, according to a July 21 joint news release: 1. The two…
Zachary, La.-based Lane Regional Medical Center’s board of commissioners has approved the exploration of a strategic affiliation with another healthcare organization to help the hospital expand services and invest in its future, a hospital spokesperson said in a July 20…
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Montrose (Colo.) Regional Health and Grand Junction, Colo.-based Community Hospital are making progress to finalize a definitive agreement by fall 2026 to create a new, tax-exempt nonprofit parent organization. The proposed partnership will allow both parties to remain independent and…
Ambulatory surgery center operator Amsurg has acquired five North Carolina-based endoscopy centers. The newly acquired facilities are located in the eastern and central portions of the state and provide patients with a team-based approach to managing acute and chronic gastrointestinal…
Little Rock-based University of Arkansas for Medical Sciences plans to sign a co-management agreement with Mena (Ark.) Regional Health System, pending final approval from the Arkansas Department of Health. The agreement was approved July 14 by the Mena City Council…
Little Rock, Ark.-based Baptist Health acquired Magnolia (Ark.) Regional Medical Center on July 12. With the close of the acquisition, the 25-bed facility has been rebranded as Baptist Health Medical Center-Magnolia. Magnolia became Baptist Health’s 14th hospital and the second…
Hospital and health system M&A activity growth accelerated in the second quarter as mega mergers surged and executives take a more proactive approach to strategic partnerships, according to Kaufman Hall’s Q2 2026 M&A report published by Vizient. “Healthcare M&A demonstrated…