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…
Transactions & Valuation Issues
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…
A California city council greenlit the transfer of a hospital to a healthcare district, and Christus health struck a deal to sell a shuttered hospital. Here are the two hospital M&A moves that Becker’s reported during the week of July…
El Centro (Calif.) City Council approved the transfer of El Centro Regional Medical Center to the Imperial Valley Healthcare District, the Calexico Chronicle reported July 29. Five things to know: 1. The asset transfer agreement approved by city council outlines…
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Irving, Texas-based Christus Health has shared plans to sell its former San Antonio-based Christus Santa Rosa Hospital—Medical Center to University Health, also in San Antonio, for $71 million. The decision comes after a unanimous vote from the Bexar County Hospital…
UC San Diego Health and Escondido, Calif.-based Palomar Health have entered into exclusive talks to create a joint powers authority, with the goal of coordinating and enhancing care access across North San Diego County. A letter of intent for the…
Two systems are mulling a merger that would span four states, while members of a New Hampshire system are seeking to unwind their 2018 combination. Here are the two hospital M&A moves that Becker’s reported on the week of July…
The executive leadership of Bedford, N.H.-based SolutionHealth is seeking to dissolve the system and return to separate, independent, board-governed systems. The system launched in 2018 after Manchester, N.H.-based Elliot Health System and Nashua-based Southern New Hampshire Health signed an agreement…
Newark, Del.-based ChristianaCare and Marlton, N.J.-based Virtua Health have signed a nonbinding letter of intent to form a regional nonprofit health system. The system would comprise care in more than 10 counties across Delaware, Maryland, New Jersey and Pennsylvania, nearly…