Iron Mountain, Mich.-based Dickinson County Healthcare — a one-hospital system with several clinics — has finalized its affiliation agreement with Marshfield (Wis.) Clinic Health System.
Transactions & Valuation Issues
Six transactions involving health systems and hospitals have been announced, finalized or called off in the last two weeks:
MyMichigan Health has added its 10th facility, War Memorial Hospital, in Sault Ste. Marie, Mich.
Duarte, Calif.-based City of Hope now has one of the largest footprints in cancer research and treatment after it completed its acquisition of Cancer Treatment Centers of America, a network of oncology hospitals and outpatient centers.
Centennial, Colo.-based Centura Health signed an asset purchase agreement to acquire two hospitals from Brentwood, Tenn.-based LifePoint Health: Colorado Plains Medical Center in Fort Morgan and Western Plains Medical Complex in Dodge City, Kan.
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The merger between Grand Rapids, Mich.-based Spectrum Health and Southfield, Mich.-based Beaumont Health could mean higher costs for consumers, some experts say, Bridge Michigan reported Feb. 1.
Grand Rapids, Mich.-based Spectrum Health and Southfield, Mich.-based Beaumont Health are partnering to create a new health system, temporarily called BHSH System, which will launch Feb. 1.
Chicago-based CommonSpirit Health is expanding its partnership with healthcare management and consulting firm Arabian Healthcare Group in the United Arab Emirates, according to a news release emailed to Becker's.
Cigna discussed a potential acquisition of Centene in the final months of 2021, but nothing has come of the preliminary conversations, according to a Jan. 26 Bloomberg report.
Providence St. Mary Medical Center and Kaiser Permanente expressed disappointment with conditions set by the California attorney general on their proposed partnership that involves building a new hospital, The Victorville Daily Press reported Jan. 25.