Los Angeles-based Keck Medicine of USC and Arcadia-based Methodist Hospital of Southern California are exploring a clinical affiliation, they said this week.
Transactions & Valuation Issues
Harnett Health, a two-hospital system in Dunn, N.C., said it plans to join Cape Fear Valley Health in Fayetteville, N.C., by the end of March.
Despite the COVID-19 pandemic disrupting the industry, global healthcare private equity deal volume rose to record levels last year, according to a Bain & Co.'s 10th Global Healthcare Private Equity and M&A Report.
Sanford Health is no longer pursuing a merger with Intermountain Healthcare, a Sanford spokesperson confirmed with Becker's Hospital Review March 15.
Leaders on Chicago's South Side are urging the state of Illinois to buy Mercy Hospital & Medical Center temporarily, according to CBS Chicago.
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Trinity Health, a 92-hospital system based in Livonia, Mich., has acquired a majority ownership stake in Premier Health, a Baton Rouge, La.-based operator of urgent care clinics.
Oklahoma City-based OU Medicine and its parent organization have signed a letter of intent to merge with the University of Oklahoma College of Medicine to create an academic health system.
Peoria, Ill.-based OSF HealthCare said March 9 it plans to acquire a majority ownership stake in Kindred Hospital Peoria.
UnitedHealth Group subsidiary Optum signed a definitive agreement to acquire Atrius Health, a 715-physician group based in Newton, Mass., March 1.
Insight Chicago is offering to purchase Mercy Hospital & Medical Center in Chicago for $1, a new regulatory filing reveals.