Ahead of their proposed merger, Fairview Health Services and Sanford Health have offered to return Minneapolis' east and west bank hospitals to the University of Minnesota — but the details of that transaction remain unclear, according to the Star Tribune.
Transactions & Valuation Issues
New Bern, N.C.-based CarolinaEast Health System is ending its partnership with Chapel Hill, N.C.-based UNC Health on March 31, the New Bern Sun Journal reported March 6.
Here are 12 major hospital and healthcare merger and acquisition-related transactions from February:
Clay Holderman, CEO of UnityPoint Health, and Dale Maxwell, CEO of Presbyterian Healthcare Services, had been talking for a while about seeking partnerships with other health systems when it finally dawned on them they should be talking to each other…
Albuquerque, N.M.-based Presbyterian Healthcare Services and West Des Moines, Iowa-based UnityPoint Health are exploring the possibility of a merger that could result in an approximately $11 billion entity.
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Brentwood, Tenn.-based Lifepoint Health has acquired four inpatient rehabilitation facilities from Dallas-based Everest Rehabilitation Hospitals.
Davenport, Iowa-based Genesis Health System is now part of MercyOne, the West Des Moines, Iowa-based subsidiary of Trinity Health.
Several mergers between health systems in different states closed in the last year, with more "megamergers" anticipated to come as large systems pursue further economies of scale amid challenging financial headwinds, according to McDermott Will and Emery's "Hospitals and Health…
Dallas-based Medical City Healthcare, a division of HCA Healthcare, is advancing talks to acquire Wise Health System, a three-hospital system headquartered in Decatur, Texas, according to the Fort Worth Star-Telegram.
Franklin, Tenn.-based Community Health Systems has signed a definitive agreement to sell two hospitals to Winston-Salem, N.C.-based Novant Health.