NYC Health + Hospitals, has shared plans to move forward with a partnership that will merge Brooklyn, N.Y.-based Maimonides Health into the New York City-based public health system. “All of our 11 hospitals have their own identity and culture, and…
Transactions & Valuation Issues
Texas officials have selected UT Southwestern Medical Center to operate a new state psychiatric hospital set to open in Dallas this spring. Texas Behavioral Health Center will be the first state-owned behavioral health hospital in the Dallas-Fort Worth area, according…
Salem (Ore.) Health Hospitals and Clinics and Stayton, Ore.-based Santiam Hospital and Clinics have signed a nonbinding letter of intent to explore a potential affiliation. The goal is to evaluate how Santiam Hospital could become part of Salem Health, improving…
Oklahoma City-based OU Health has signed a letter of intent to acquire the Dean McGee Eye Institute, also in Oklahoma City. The transaction, which is expected to be finalized by Jan. 1, will create the OU Health Dean McGee Eye…
Brooklyn, N.Y.-based Maimonides Health has moved to join New York City’s public health system, NYC Health + Hospitals, seeking to finalize the deal in the next few months. “This presents a historic opportunity for Maimonides to expand our capacity to…
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Jersey City, N.J.-based Hudson Regional Health has formed an academic affiliation with Valhalla, N.Y.-based New York Medical College, designating the health system as a teaching site and expanding its graduate medical education footprint across the region. Under the new agreement,…
Hospital and health system merger and acquisition activity is trending back toward pre-pandemic levels, according to a Dec. 19 report from Kaufman Hall. Six things to know: 1. Q3 M&A activity picked up. Fifteen hospital and health system transactions were…
Mergers, affiliations and long-standing clinical partnerships have become increasingly fragile amid evolving financial pressures, shifting strategic priorities and growing regulatory scrutiny. Over the past four years, several high-profile hospital deals have been terminated — some before agreements were finalized, others…
Newark, Del.-based ChristianaCare and Marlton, N.J.-based Virtua Health mutually agreed to end talks regarding a possible merger, the systems announced Dec. 18. In July ChristianaCare and Virtua signed a nonbinding letter of intent to form a regional nonprofit system. Together…
A study published Dec. 18 in the BMJ found hospitals acquired by real estate investment trusts can see a significantly higher risk of bankruptcy or closure, even as most quality-of-care and financial performance measures stay unchanged. The study was led…