Columbus, Ohio-based Nationwide Children's Hospital will acquire a pediatric hospital from Cincinnati-based Bon Secours Mercy Health, the organizations said Dec. 3. The transaction will occur Jan. 1, 2022.
Transactions & Valuation Issues
HonorHealth and FastMed Urgent Care have formed a joint venture to manage 30 Arizona urgent care clinics, the Phoenix-based companies said Dec. 2.
Tampa (Fla.) General Hospital and Tampa-based USF Health have created a joint office of clinical research to combine resources and work more closely on clinical trials, the organizations announced Nov. 30.
Columbia, Md.-based MedStar Health has acquired Righttime Medical Care, adding 19 urgent care centers and 300 employees to its network.
An international affiliate of Dallas-based Steward Health Care System has acquired three hospitals in Colombia, the system announced Nov. 25.
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A merger between Cigna and Anthem failed because Cigna's CEO and board intentionally sabotaged the proposed $48 billion deal, according to an unsealed lawsuit filed by Cigna investors.
Salt Lake City-based Intermountain Healthcare and Sioux Falls, S.D.-based Sanford Health have proposed merging into a 70-hospital system.
Virginia Mason Memorial, a 256-bed hospital in Yakima, Wash., is transitioning back to an independent hospital and reverting to its old name, according to the Yakima Herald-Republic.
Cleveland Clinic and Fort Myers, Fla.-based Lee Health have established a strategic alliance to help improve patient care in Southwest Florida.
Castello Holdings has backed out of buying Eastern Niagara Health System's closed hospital campus in Newfane, N.Y., according to Buffalo Business First.