Los Angeles-based Prospect Medical Holdings has inked deals to sell its seven hospitals in Connecticut and Pennsylvania.
Transactions & Valuation Issues
Dallas, Texas-based Signify Health, a value-based healthcare platform, agreed to acquire Kansas City, Mo.-based Caravan Health for $250 million.
Wilmington, Del.-based ChristianaCare plans to acquire Springfield, Pa.-based Crozer Health from Los Angeles-based Prospect Medical Holdings after signing a letter of intent.
Fresno, Calif.-based Saint Agnes Medical Center and Madera (Calif.) Community Hospital have signed a nonbinding letter of intent to explore a potential affiliation, the Fresno Bee reported Feb. 9.
Yale New Haven (Conn.) Health System agreed Feb. 10 to acquire two Connecticut health systems from Los Angeles-based Prospect Medical Holdings.
Courts and the Federal Trade Commission should consider more than harm to competition when evaluating healthcare mergers; they should also consider the benefit to underserved communities, Phil Goldberg and Kateland Jackson of Shook, Hardy & Bacon wrote in a Bloomberg…
Iron Mountain, Mich.-based Dickinson County Healthcare — a one-hospital system with several clinics — has finalized its affiliation agreement with Marshfield (Wis.) Clinic Health System.
Six transactions involving health systems and hospitals have been announced, finalized or called off in the last two weeks:
MyMichigan Health has added its 10th facility, War Memorial Hospital, in Sault Ste. Marie, Mich.
Duarte, Calif.-based City of Hope now has one of the largest footprints in cancer research and treatment after it completed its acquisition of Cancer Treatment Centers of America, a network of oncology hospitals and outpatient centers.