Columbus-based OhioHealth and Select Medical, an operator of long-term acute care and inpatient rehabilitation hospitals, have inked a definitive agreement to acquire the operating assets of Reunion Rehabilitation Hospital in Dublin, Ohio.
Transactions & Valuation Issues
Private equity had its second-best year for healthcare services deal activity in 2022 — 2021 being the best — after firms announced or closed an estimated 863 transactions, according to a Feb. 3 report by market research firm Pitchbook.
More than 50 students and medical professionals from the Minneapolis-based University of Minnesota rallied Feb. 3 to protest the proposed merger between Sanford Health and Fairview Health Services, according to the Pioneer Press.
Houston-based Nutex Health, a micro-hospital network, opened up its 22nd location in Fort Smith, Ark.
Bill Gassen, CEO of Sioux Falls, S.D.-based Sanford Health, and James Hereford, CEO of Minneapolis-based Fairview Health Services, responded to questions about their organizations' proposed merger in an interview with NBC affiliate KARE11.
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Here are 13 major hospital and healthcare merger and acquisition deals from January:
The Minnesota Nurses Association is encouraging legislators to pass a bill which would give the state's health department power to approve or deny hospital mergers based on how they can affect patients and communities.
St. Augustine, Fla.-based Flagler Health+ plans to join UF Health, the University of Florida's academic health center, in 2023.
West Reading, Pa.-based Tower Health hopes to cement a deal to sell 17 of its urgent care centers in the coming months, the Philadelphia Business Journal reported Feb. 1
Dignity Health International, the international arm of Chicago-based CommonSpirit Health, has acquired a minority equity stake in RAK Hospital, one of the United Arab Emirates' most acclaimed private hospitals, according to the Khaleej Times.