Transactions & Valuation Issues

Financial and clinical challenges will ensure merger and acquisition activity remains strong in the healthcare sector in 2023, building on the momentum of last year, Kaufman Hall said in a Jan. 12 report.

Charleston, W.Va.-based Vandalia Health has signed a definitive agreement to acquire Plateau Medical Center in Oak Hill from a subsidiary of Community Health Systems, the Register-Herald reported Jan. 12.

Some of the larger merger and acquisition transactions and proposals in the healthcare sector are no longer just about economies of scale but have other goals in mind, such as improving health equity, according to a Jan. 12 report from…

Tacoma, Wash.-based MultiCare Health System on Jan. 17 completed the acquisition of Yakima Valley Memorial Hospital and its associated clinics.

  David Ramsey, president and CEO of Charleston, W.Va.-based Vandalia Health, expects healthcare cost pressures to force more community hospitals to join larger health systems, MetroNews reported Jan. 16.

Pittsburgh-based UPMC will acquire Sports Surgery Clinic, an independent hospital specializing in orthopedic surgery in Dublin, Ireland, according to a Jan. 14 news release. 

A merger between Sioux Falls, S.D.-based Sanford Health and Minneapolis-based Fairview Health System has been a subject of debate in the North Star State, with ownership of the University of Minnesota Medical Center proving particularly contentious. 

Some of the largest healthcare merger and acquisition deals in 2022 involved cross-market transactions, and this trend is expected to continue in 2023, a report from Kaufman Hall said.

Morgantown, W.Va.-based WVU Medicine will acquire Welch (W.Va.) Community Hospital after the McDowell County Commission approved the takeover, according to the Bluefield Daily Telegraph.

Hospital and health system mergers and acquisitions are projected to regain momentum in the following years as providers adapt to tougher financial conditions and look for strategic partnerships either to scale or stay afloat, according to a Kaufman Hall report…