Healthcare is shifting to a multi-region model and the number of health systems operating in multiple states is rapidly increasing.
Transactions & Valuation Issues
A Massachusetts hospital is merging with UMass Memorial Health System and a rural North Carolina hospital is joining Atrium Health Wake Forest Baptist. Here is more information about the two hospital M&A moves Becker’s reported during the week of July…
Hospital and health system mergers and acquisitions started at a slower pace in the first half of 2025, according to Kaufman Hall. The healthcare consulting firm attributed the sluggish start to high levels of volatility and economic uncertainty surrounding global…
Worcester, Mass.-based UMass Memorial Health System’s UMass Memorial Medical Center, also in Worcester, has received approval from the Massachusetts Public Health Council to bring Marlborough (Mass.) Hospital onto its medical license through a corporate merger, a spokesperson for the health…
Elkin, N.C.-based Hugh Chatham Health has joined Atrium Health Wake Forest Baptist, which will invest $100 million into its newest member. Hugh Chatham Health includes an 81-bed acute care hospital, a medical group with more than 70 providers across 25…
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Alhambra, Calif.-based Astrana Health acquired Los Angeles-based Prospect Health System on July 1 for $708 million. Astrana, formerly known as Apollo Medical Holdings, entered into a $745 million definitive agreement for the company in November. The purchase includes Prospect Health…
Altamonte Springs, Fla.-based AdventHealth has acquired Bond Clinic of Winter Haven, Fla., a 90-provider physician group that comprises 28 specialties. AdventHealth purchased the group’s multi-specialty assets and care sites across Polk County, Florida, according to a July 2 news release.…
Seven hospitals changed hands on July 1 through four completed M&A deals, including an Indiana system’s acquisition of four Michigan hospitals from Ascension: 1. Bethlehem, Pa.-based St. Luke’s University Health Network acquired Sellersville, Pa.-based Grand View Health. Grand View is…
The Chippewa Valley Health Cooperative, an independent nonprofit organization, has acquired the former St. Joseph’s Hospital building in Chippewa Falls, Wis., from Hospital Sisters Health System. Last year, Springfield, Ill.-based HSHS closed St. Joseph’s and Sacred Heart Hospital in Eau…
South Bend, Ind.-based Beacon Health System has completed its acquisition of Ascension Southwest Michigan, according to a July 1 news release shared with Becker’s. The locally owned, nonprofit health system signed a definitive agreement to acquire ASM’s four hospitals, 35…