Franklin, Tenn.-based Acadia Healthcare has completed the real estate purchase of three nonoperational facilities in Chicago and will establish a behavioral health system called Montrose Behavioral Health Hospital.
Transactions & Valuation Issues
California Attorney General Rob Bonta approved a new partnership between Oakland-based Kaiser and Apple Valley-based Providence St. Mary Medical Center, but with several conditions.
Vineland, N.J.-based Inspira Health has entered into a definitive agreement to acquire Salem (N.J.) Medical Center.
Hospital mergers and acquisitions can lead to higher prices and cut services for rural hospitals but can also improve patient care outcomes at rural hospitals, according to three recent studies reported in Becker's.
Sentara Healthcare, Old Dominion University and Eastern Virginia Medical Center, all based in Norfolk, Va., signed an agreement to find options for closer affiliation that can improve educational research and healthcare in the Hampton Roads region.
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Anthem and Marietta, Ohio-based Memorial Health System reached an agreement that provides in-network access for Anthem members through September 2025, according to The Parkersburg News & Sentinel.
Murray, Utah-based Intermountain Healthcare acquired an old Sears building in the city for future healthcare services, 2KUTV reported Dec. 17.
St. Augustine, Fla.-based Flagler Health+ has acquired about 70 acres of land in Palm Coast, Fla., which will be used to build a health complex with an inpatient hospital.
Salt Lake City-based Intermountain Healthcare and Broomfield, Colo.-based SCL Health signed a definitive agreement to merge, the organizations said Dec. 15.
Independent analysts said the proposed merger between Augusta, Ga.-based University Hospital and Atlanta-based Piedmont Healthcare is a good deal, even though the COVID-19 pandemic has made the healthcare environment "very volatile," The Augusta Chronicle reported Dec. 15.