Transactions & Valuation Issues

Some of the United States' largest and most reputable health systems are expanding their international presence, taking their mission statements and high-quality healthcare services and operations to Europe, South America, Asia and Africa, among other parts of the world. 

Mobile, Ala.-based University of South Alabama Health is reportedly planning to acquire Ascension Providence Hospital, according to an April 17 report from NBC affiliate WPMI.

The Oregon Health Authority on April 13 approved Roseville, Calif.-based Adventist Health's acquisition of the Mid-Columbia Medical Center in the Dalles, Ore., according to the Columbia Community Connection.

Lumberton, N.C.-based UNC Health Southeastern is transitioning two of its business areas, seeking to sell a long-term care facility and transferring its current outpatient hospice program.

Salt Lake City-based Intermountain Health is partnering with two Idaho hospitals as a minority investor.

Fifteen hospital and health system transactions were announced in the first quarter of 2023, with a new type of post-pandemic activity taking shape, according to Kaufman Hall. 

Two Wisconsin health systems — Froedtert Health and ThedaCare — have signed a letter of intent to merge into a single system.

State lawmakers and consumer advocates have raised consolidation concerns about Wellstar Health System's proposed merger with Augusta (Ga.) University Health System after the nonprofit system recently closed two Atlanta hospitals that had been underperforming, The Augusta Chronicle reported.

Maine lawmakers are adding their weight behind increased oversight of proposed healthcare mergers and acquisitions in the state. The move comes as other states are enacting similar legislation.

Franklin, Tenn.-based Community Health Systems has struck agreements to sell four hospitals across three states in 2023: