Walmart heir Alice Walton's foundation has partnered with the Washington Regional Medical System in Fayetteville, Ark., to build a new regional healthcare system.
Transactions & Valuation Issues
Leawood, Kan.-based Noble Health reached an agreement for Wylie, Texas-based company Platinum Team Management to take control of two shuttered hospitals and nine medical clinics, KOMU reported April 21.
The Massachusetts Attorney General's office signed off on Optum's acquisition of Atrius Health for $236 million April 21, according to the Boston Globe.
National Nurses United is urging the Federal Trade Commission and U.S. Justice Department to strengthen regulations and anticompetitive guidelines to healthcare mergers and acquisitions because of their effect on patients, nurses, other healthcare workers and communities.
CMS on April 20 released public data on mergers, acquisitions, consolidations and ownership changes of hospitals and nursing homes enrolled in Medicare, the first time this data has been reported.
Topeka, Kan.-based Stormont Vail Health may partner with the financially struggling Geary Community Hospital after the system's letter of intent was accepted by the hospital and Geary County Commission, WIBW reported April 19.
Livonia, Mich.-based Trinity Health and Chicago-based CommonSpirit Health have signed an agreement for Trinity to acquire all MercyOne Health System assets and facilities.
Dallas-based Steward Health Care acquired its fifth facility in Arizona, the physician-led healthcare network said April 19.
Peoria, Ill.-based OSF HealthCare completed its purchase of the real estate, medical equipment and other assets of the closed Galesburg (Ill.) Cottage Hospital for $4 million, according to the Galesburg Register-Mail.
SUNY Upstate Medical University plans to acquire Crouse Health in a move that would shake up the hospital market in Syracuse, N.Y.