Cincinnati-based TriHealth has signed an agreement to acquire Clinton Memorial Hospital, a 140-bed facility in Wilmington, Ohio. Once regulatory approvals and closing conditions are met, Clinton Memorial will become the sixth acute care hospital in TriHealth’s network. “TriHealth and Clinton…
Transactions & Valuation Issues
From a new health system forming in Missouri to two Oregon systems agreeing to walk away from their proposed merger, here are two hospital M&A moves that Becker’s reported during the week of June 9: 1. Jackson-based University of Mississippi…
Titus Regional Medical Center, a 174-bed acute care facility in Mount Pleasant, Texas, is exploring a strategic partnership with a larger health system. “As the region’s last independent rural health system, we have worked tirelessly to preserve local access to…
Peoria, Ill.,-based OSF HealthCare plans to consolidate two of its hospitals in east central Illinois — Heart of Mary Medical Center in Urbana and Sacred Heart Medical Center in Danville — into a single hospital operating across two campuses. Four…
Valley Medical Center, a 321-bed acute care facility in Renton, Wash., will end its 15-year strategic affiliation with UW Medicine, effective Dec. 31, 2026, a spokesperson for the hospital confirmed to Becker’s. The decision, made unanimously by Valley Medical Center’s…
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Jackson-based University of Mississippi Medical Center has completed its acquisition of Merit Health Madison, a 67-bed facility in Canton, Miss.. Merit Health Madison now operates as UMMC Madison, according to a June 9 news release from the health system. The…
The board of directors for Pender (Neb.) Community Hospital, a 21-bed critical access facility, has voted to proceed with an affiliation agreement with Lincoln, Neb.-based Bryan Health. Through the affiliation, Pender will gain operational support, leadership guidance, and expanded training…
Stayton, Ore.-based Santiam Hospital and Clinics and Corvallis, Ore.-based Samaritan Health Services said May 29 that they mutually agreed to walk away from their proposed merger. “The nonprofit, community-based health systems remain committed to their missions of service within the…
Jacksonville, Fla.-based Baptist Health is terminating a longstanding clinical partnership with Gainesville, Fla.-based UF Health, the Jacksonville Business Journal reported June 9. Four things to know: 1. UF Health has provided pediatric services at Baptist’s Wolfson Children’s Hospital for several…
The Massachusetts Health Policy Commission on June 5 voted to conduct its first retrospective cost and market impact review, focusing on the 2019 formation of Beth Israel Lahey Health, the state’s second-largest health system. “We appreciate the collaboration of Beth…