Franklin, Tenn.-based Community Health Systems has signed a definitive agreement to sell Crestwood Medical Center in Huntsville, Ala., to Huntsville (Ala.) Hospital Health System for $450 million. The deal includes all of the assets tied to the 180-bed hospital and…
Transactions & Valuation Issues
Los Angeles-based Prospect Medical Holdings said it plans to move forward with a $1 million sale of its shuttered Springfield (Pa.) Hospital to KQT Aikens Partners 2 after the original bidder failed to close the transaction. Prospect, which sought Chapter…
California’s two largest nonprofit health systems are positioning themselves for major expansion and strategic growth this year, with newly appointed leaders focused on mergers, acquisitions and national partnerships. Oakland-based Kaiser Permanente named Jim Marcotte vice president of mergers and acquisitions…
Salem (Ore.) Health Hospitals and Clinics and Stayton, Ore.-based Santiam Hospital and Clinics have signed a definitive agreement to partner, pending state approval. The organizations announced Jan. 19 that they will submit a formal request to the Oregon Health Authority.…
From Prime striking a deal to acquire its ninth Illinois hospital to the Nebraska Board of Regents approving a plan that would give the university sole ownership of Nebraska Medicine, here are five hospital M&A moves that Becker’s reported during…
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Ontario, Calif.-based Prime Health Care entered into an asset purchase agreement Jan. 16 with Mishawaka, Ind.-based Franciscan Alliance to acquire its Franciscan Health Olympia Fields (Ill.), making it the system’s ninth hospital in Illinois. Under the proposed transaction, Franciscan Health…
Health systems will continue to “look beyond traditional inpatient services for new growth opportunities,” in 2026, according to a Jan. 15 report from Kaufman Hall. Kaufman Hall said that health systems are increasingly pursuing non-acute and capability-based partnerships. The firm…
Chattanooga, Tenn.-based Erlanger Health and Bradley Medical Center have signed a letter of intent to explore a strategic partnership focused on expanding pediatric emergency services — a move that comes amid HCA Healthcare’s push to grow its footprint in the…
The University of Nebraska’s Board of Regents on Jan. 15 unanimously approved an $800 million plan that would give the university sole ownership of Omaha-based Nebraska Medicine, but the health system’s board of directors have filed a lawsuit to halt…
There were 46 announced hospital and health system M&A deals in 2025, down from 72 last year, according to a Jan. 15 report from Kaufman Hall. Five things to know: 1. Transacted revenue for 2025 totaled $18.5 billion, the lowest…