Farmington, Conn.-based UConn Health completed its acquisition of Waterbury (Conn.) Hospital from bankrupt Los Angeles-based Prospect Medical Holdings on March 1, establishing the UConn Health Community Network. The UConn Health Community Network is a nonprofit entity created to support and…
Transactions & Valuation Issues
UConn Health is set to close the acquisition of a Connecticut hospital and a prospective buyer has emerged for a Pennsylvania hospital slated for closure. Here are three hospital M&A moves that Becker’s reported during the week of Feb. 23: …
Erie, Pa.-based Lake Erie College of Osteopathic Medicine is in discussion to acquire Bradford (Pa.) Regional Medical Center from Buffalo, N.Y.-based Kaleida Health, The Buffalo News reported Feb. 26. Five things to know: 1. Kaleida Health announced Feb. 17 that…
Orchard Park Hospital in Wheeling, W.Va. has signed a letter of intent to merge with WVU Medicine Wheeling Hospital. Orchard Park Hospital is a 30-bed inpatient pediatric psychiatric hospital, according to a Feb. 24 health system news release. As part…
Farmington, Conn.-based UConn Health will complete its acquisition of Waterbury (Conn.) Hospital from bankrupt Los Angeles-based Prospect Medical Holdings on March 1, CT Insider reported Feb. 24. Four things to know: 1. The closing of the deal comes after UConn…
Advertisement
Enhabit, a home health and hospice provider with 249 home health locations and 117 hospice locations across 34 states, has entered into a definitive agreement to be acquired by private equity firm Kinderhook Industries in an all-cash transaction valued at…
Prime Healthcare Foundation closed its acquisition of a Maine health system, and a pair of Texas hospitals are considering a potential merger. Here are three hospital M&A updates that Becker’s reported during the week of Feb. 16. 1. Nacogdoches (Texas)…
Nacogdoches (Texas) County Hospital District is eyeing a new lease agreement with Dallas-based Tenet Healthcare that would merge Nacogdoches Memorial Hospital with Nacogdoches Medical Center, ABC affiliate KTRE reported Feb. 19. Under the proposed deal, the two hospitals would operate…
Ontario, Calif.-based Prime Healthcare’s recent acquisitions in Illinois and Maine underscore a deliberate growth strategy leaders describe as a “market cluster” approach: entering or expanding in a region with multiple hospitals to build scale, stabilize distressed facilities and create operational…
Austin, Texas-based St. David’s HealthCare has acquired Cardiothoracic and Vascular Surgeons Feb. 15. St. David’s HealthCare comprises nine hospitals, 190 care sites and more than 12,600 employees. It’s a partnership between Nashville, Tenn.-based HCA and two local nonprofits, the St.…