Several mergers and acquisitions have taken place by U.S. health systems in the last few months. Below is a breakdown of seven deals since Feb. 3, by the numbers, as reported on by Becker's.
Transactions & Valuation Issues
The office of North Carolina Attorney General Josh Stein had "great concerns" about how Nashville, Tenn.-based HCA Healthcare was chosen to purchase Asheville, N.C.-based Mission Health System, according to a 2018 internal document obtained by Asheville Watchdog.
Franklin, Tenn.-based Community Health Systems has entered into a definitive agreement to transfer the lease of AllianceHealth Seminole (Okla.) to SSM Health Oklahoma.
Exeter (N.H.) Health Resources has signed a letter of intent to explore joining Cambridge Mass.-based Beth Israel Lahey Health.
Indiana Gov. Eric Holcomb signed into law March 10 a bill that requires the Indiana State Department of Health to actively supervise hospital mergers.
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Pipeline Health has signed a letter of intent to sell its two Illinois hospitals to a Michigan-based company for $92 million, according to the Chicago Sun-Times.
The prospective buyer of two shuttered Pennsylvania hospitals has filed a motion to end litigation to purchase the facilities, The Daily Local reported March 8.
Following rumors that Grand Forks, N.D.-based Altru Health System may be acquired after the sudden departure of President Steven Weiser, MD, the system's new CEO told the Grand Forks Herald in a March 5 article that Altru is not for…
Morristown, N.J.-based Atlantic Health System has purchased Immediate Care's seven urgent care locations from CentraState Healthcare System, Atlantic Health said March 3.
Nine deals involving health systems and hospitals have been announced, finalized or called off in the last two weeks: