Chicago-based CommonSpirit Health and Pittsburgh-based UPMC have signed a definitive agreement to transfer ownership of Trinity Health System, based in Steubenville, Ohio, which includes multiple hospital facilities and clinics across the Ohio Valley. Six things to know: 1. The transaction…
Transactions & Valuation Issues
Irving, Texas-based Christus Health took over operations May 1 at Mount Pleasant, Texas-based Titus Regional Medical Center, and renamed it Christus Health – Mount Pleasant Hospital, according to a May 1 release shared with Becker’s. Christus Health was selected as…
Charlotte, N.C.-based Atrium Health and Raleigh, N.C.-based WakeMed Health & Hospitals announced on May 1 plans to combine into a single health system, which the organizations said involves a $2 billion investment in Wake County (N.C.) to expand facilities, grow…
Rapid City (S.D.) Medical Center joined Monument Health, a Rapid City-based community health system, on May 1. The two parties signed a letter of intent for RCMC to join the five-hospital system in late January. RCMC patients will continue to…
Hospital M&A moves in the final week of April included a pair of deals in New England. Here are three hospital M&A moves Becker’s reported during the week of April 27: 1. Rapid City (S.D.) Medical Center joined Monument Health,…
Dallas-based Tenet Healthcare is expanding its ambulatory surgery center footprint, and has deployed $125 million in the first quarter of 2026 to acquire seven ASCs, representing half of its $250 million annual mergers and acquisition target for United Surgical Partners…
Three of the country’s largest nonprofit health systems are planning to sell hospitals and other assets as they work to streamline operations, sharpen their strategic focus and improve financial performance amid ongoing industry pressures. Chicago-based CommonSpirit sold CHI St. Alexius…
Farmington, Conn.-based UConn Health has signed a letter of intent with Putnam, Conn.-based Day Kimball Hospital and Bristol (Conn.) Health for the two parties to join the health system. “This is an important step in strengthening partnerships that expand access…
Springfield, Mass.-based Baystate Health has signed a definitive agreement to acquire a financially challenged hospital in the city from Hartford, Conn.-based Trinity Health of New England. Pending regulatory approval, Baystate will acquire Mercy Medical Center, a 182-bed hospital, as well…
TPG has completed its acquisition of Optum UK, a subsidiary of UnitedHealth Group whose core asset is EMIS Group, a healthcare software company used by the United Kingdom’s NHS. The deal closed March 13, according to UK regulatory filings, and…