Large hospitals spent more on capital projects last year to stay competitive while small hospitals tightened their budgets, according to Moody’s. The ratings firm tracked financial data for 209 hospitals across the U.S., finding the gap in capital spending grew…
Transactions & Valuation Issues
West Virginia announced plans to sell four state-run hospitals, and two proposed hospital acquisitions on the West Coast were called off. Here are three healthcare M&A developments Becker’s reported on during the week of Aug. 11: 1. Flint, Mich.-based Insight…
Franklin, Tenn.-based Community Health Systems signed a letter of intent Aug. 6 to sell three Pennsylvania facilities to hospital turnaround firm Tenor Health Foundation. Since 2020, CHS has announced or completed the sale of 39 hospitals: 2025 2024 2023 2022…
Flint, Mich.-based Insight Health System is stepping away from negotiations on a proposed lease-to-purchase agreement with Hollister, Calif.-based Hazel Hawkins Memorial Hospital, citing uncertainty around the recently signed One Big Beautiful Bill Act. In November, San Benito County voters approved…
West Virginia plans to sell four of its long-term care facilities to Marx Development Group, a privately held, full-service real estate development firm based in Fresh Meadows, N.Y., West Virginia Gov. Patrick Morrisey announced Aug. 12 during a news conference…
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Brentwood, Tenn.-based Quorum Health has withdrawn from a proposed deal to operate the financially struggling Bay Area Hospital in Coos Bay, Ore. The organizations announced Aug. 8 that Quroum, a for-profit hospital management company, terminated its nonbinding letter of intent…
Columbus-based OhioHealth will open its new Canal Winchester Health Center on Aug. 12. The three-story, 40,000-square-foot facility will offer 24/7 emergency care, primary care, diagnostic services, women’s health, sports medicine and rotating specialty care, according to an Aug. 11 press…
CHS is making another attempt to exit the Pennsylvania market and UnitedHealth Group struck a deal with the Justice Department to allow its acquisition of a home health and hospice care provider to move forward. Here are three healthcare M&A…
Nonprofit organization Tenor Health Foundation has signed a letter of intent with Community Health Systems to acquire Commonwealth Health, a three-hospital system in Scranton, Pa., spokespersons for both organizations confirmed with Becker’s. Seven things to know: 1. The news comes…
DeSoto Memorial Hospital, a 49-bed community hospital in Arcadia, Fla., is seeking a buyer or strategic partner to ensure long-term sustainability and maintain services for its community. Five things to know: 1. Multiple transaction types are being considered: The DeSoto…