The Indiana Health Department will decide in the coming weeks whether to approve the merger of two Terre Haute hospitals in what would be the last deal of its kind, Inside Indiana Business reported June 18. Union Health is seeking…
Transactions & Valuation Issues
Ohio Attorney General Dave Yost has given conditional approval for venture capital firm General Catalyst to acquire Akron, Ohio-based Summa Health. In November, Summa reached a $485 million definitive agreement to join General Catalyst subsidiary Health Assurance Transformation Corp. Under…
Sandusky, Ohio-based Firelands Health is now the sole owner of The Bellevue (Ohio) Hospital. Firelands Health completed its acquisition of the hospital in May after a bankruptcy court approved Bellevue’s Chapter 11 reorganization plan and member substitution agreement, according to…
St. Louis-based Ascension said June 17 that it has entered an agreement to acquire AmSurg, an ASC operator with more than 250 facilities across 34 states. Six things to know: 1. The move will significantly expand the Catholic nonprofit system’s…
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…
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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…
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…