As hospitals deal with the financial fallout of the COVID-19 pandemic, some are exploring mergers with bigger systems, a move that the American Hospital Association says can "expand and preserve access to care.
Transactions & Valuation Issues
Morristown, N.J.-based Atlantic Health System has acquired Thompson Healthcare & Sports Medicine, which has more than 75 providers at 11 locations across central and southern New Jersey.
Billboards along California roadways are calling for more oversight of healthcare mergers, the Public News Service reported March 14.
Tewksbury, Mass.-based Covenant Health has called off its plan to acquire Day Kimball Healthcare, a health system based in Putnam, Conn., The Connecticut News Project reported March 14.
Multiple proposals have been submitted by companies seeking to buy Singing River Health System, with the Jackson County Board of Supervisors setting a deadline of April 14 to select the best bid and begin negotiations with that group, according to…
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Syracuse, N.Y.-based SUNY Upstate University Hospital spent $10 million bringing in outside consultants to advise on the now-failed merger with Syracuse-based Crouse Health, syracuse.com reported March 13.
The planned acquisition of Pueblo, Colo.-based Parkview Health System by UCHealth is now entering the public comment stage with a deadline for such comments of March 31, the Pagosa Daily Post reported March 13.
Pittsburgh-based UPMC has completed the acquisition of Sports Surgery Clinic, an independent hospital specializing in orthopedic surgery in Dublin, Ireland.
Minnesota Attorney General Keith Ellison has issued subpoenas to Sioux Falls, S.D.-based Sanford Health, its CEO Bill Gassen confirmed at a March 8 state Senate hearing. Mr. Ellison's investigation into Sanford's proposed merger with Minneapolis-based Fairview Health Services has entered…
The long-awaited combination of Cambridge, Mass.-based Beth Israel Lahey Health and Exeter (N.H.) Health Resources has taken another step forward after a public meeting earlier this month, according to a March 7 report in The Salem News.