San Francisco-based Dignity Health and the San Joaquin County Board of Supervisors have settled on a management services agreement for San Joaquin General Hospital in French Camp, Calif.
Transactions & Valuation Issues
Alton, Ill.-based OSF Saint Anthony's Health Center has formed a strategic affiliation with SLUCare Physician Group in St. Louis, in partnership with SSM Health, also in St. Louis.
Tucson, Ariz.-based TMC Health has started the due diligence process to acquire Santa Cruz Valley Regional Hospital in Green Valley, Ariz., a spokesperson for TMC Health confirmed to Becker's May 3.
An affiliation between Chapel Hill-based University of North Carolina Health and Boone, N.C.-based Appalachian Regional Healthcare System has been approved.
Worcester-based UMass Memorial Health has signed a nonbinding letter of intent with Gardner, Mass.-based Heywood Healthcare, a two-hospital system, to explore an affiliation deal.
Advertisement
Nine deals involving health systems and hospitals have been announced, finalized or called off since April 11.
Centennial, Colo.-based Centura Health completed the acquisition of St. Elizabeth Hospital and St. Catherine Hospital-Dodge City from Brentwood, Tenn.-based LifePoint Health, making Centura a 19-hospital system.
Nashville, Tenn.-based HCA Healthcare signed an agreement to acquire Richmond, Va.-based BetterMed, an urgent care practice with 12 locations, Tim McManus, president of HCA Healthcare Capital Division, confirmed to Becker's.
Dallas-based Steward Health Care has acquired the property of the former Miami Medical Center from Miami-based Nicklaus Children's Health System.
The pace of healthcare mergers and acquisitions slowed for the first quarter of 2022 after a large volume of deals in 2021, an April 26 KPMG report found.