San Antonio-based Methodist Healthcare inked an agreement to buy Hill Country Memorial in Fredericksburg, Texas, the San Antonio Business Journal reported April 3.
Transactions & Valuation Issues
Sioux Falls, S.D.-based Sanford Health and Minneapolis-based Fairview Health Services are again delaying their proposed merger, which would create a health system with more than 50 hospitals and 78,000 employees if approved, the Star Tribune reported April 3.
The University of Michigan Health has officially acquired Lansing, Mich.-based Sparrow Health System to become a $7 billion health system with more than 200 sites of care, according to an April 3 news release shared with Becker's.
After nearly two years of discussions, Irving, Texas-based Christus Health has acquired CardiaStream to create the largest cardiology group in East Texas, the Dallas Business Journal reported April 4.
Franklin, Tenn.-based Community Health Systems completed a $92 million sale of Oak Hill, W.Va.-based Plateau Medical Center to Charleston, W.Va.-based Vandalia Health.
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Doylestown (Pa.) Health is looking set to sell its Pine Run retirement community as it seeks to raise funds in a battle to become more financially secure.
The boards of Atlanta-based Wellstar Health System and Augusta (Ga.) University Health System approved a new affiliation that will see Wellstar invest $800 million in Augusta facilities over the next 10 years.
Australian private equity firm HMC Capital has inked a $859 million deal to acquire 11 U.S. hospital properties from Birmingham, Ala.-based Medical Properties Trust, the Financial Review reported March 29.
This episode features Nick Thomas, Associate Editor at Becker’s Healthcare. Here, he discusses the proposed merger with Presbyterian Healthcare Services and West Des Moines, Iowa-based UnityPoint Health and Providence reporting a $1.7B operating loss in 2022.
In this episode, we are joined by Jennifer Heenan and Matt Robbins, consultants at Spencer Stuart to discuss deal making in healthcare. Tune in to learn about the deal scenarios among health systems today and the talent issues that healthcare…