Sacramento, Calif.-based Sutter Health and Minneapolis-based Allina Health have signed a definitive agreement formalizing plans to create a combined nonprofit health system spanning California, Minnesota and Wisconsin. Six things to know: 1. The transaction would create a system with 39…
Transactions & Valuation Issues
Vancouver, Wash.-based PeaceHealth and Eugene (Ore.) Emergency Physicians have reached a three-year agreement for several PeaceHealth hospitals in the region after months of controversy surrounding its emergency department staffing contract. According to a news release shared with Becker’s May 20,…
New York City-based Maimonides Health warned in a May 14 financial filing that there is substantial doubt about its ability to continue operating within the next year amid ongoing financial pressures. “The medical center’s expenses continue to grow due to…
From Community Health Systems closing a deal that saw it exit Pennsylvania, to Prime Healthcare acquiring its 55th hospital, here are 16 hospital mergers and acquisitions completed in 2026: 1. Ontario, Calif.-based Prime Healthcare completed its acquisition of Franciscan Health…
Ontario, Calif.-based Prime Healthcare has completed its acquisition of Franciscan Health Olympia Fields (Ill.), a Prime spokesperson confirmed to Becker’s May 8. Olympia Fields, a 214-bed hospital, is Prime’s ninth in Illinois and 55th overall. In March 2025, the health…
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Sioux Falls, S.D.-based Sanford Health and Robbinsdale, Minn.-based North Memorial Health said May 8 they have signed a definitive agreement to come together as a single nonprofit health system, the latest major healthcare combination involving a Minnesota organization. Eight things…
Atrium Health and WakeMed announced merger plans and UPMC signed a definitive agreement that would see it enter a new state. Here are five hospital M&A moves Becker’s reported during the week of May 4: 1. Sioux Falls, S.D.-based Sanford…
Ardent Health President and CEO Marty Bonick said the for-profit system is optimistic about M&A opportunities, but “we are being very conservative and prudent in terms of where we’re going into.” “Given the macro uncertainties in healthcare, we want to…
“Growth” in 2026 no longer means adding more beds. It means shedding the wrong ones. Some of the country’s largest nonprofit health systems are divesting hospitals at the same moment for-profits are reshaping their portfolios — and the CEOs driving…
The evidence against hospital consolidation has been piling up for years, with several studies demonstrating that mergers and acquisitions tend to increase healthcare costs without meaningfully improving quality. The University of Michigan Health in Ann Arbor set out to challenge…