Christus Health has finalized its acquisition of Central Texas Medical Center, a 170-bed facility in San Marcos.
Transactions & Valuation Issues
St. Mary's Healthcare in Amsterdam, N.Y., is slated to become an independent hospital after 18 years as a member of St. Louis-based Ascension, according to The Daily Gazette.
El Segundo, Calif.-based Verity Health has agreed to sell two California hospitals to AHMC Healthcare and is seeking an expedited review of the transaction, according to Bloomberg Law.
Danville, Pa.-based Geisinger and Atlantic City, N.J.-based AtlantiCare have reached an agreement to part ways, the two health systems announced March 31.
After months of uncertainty about a potential sale, Jersey City, N.J.-based CarePoint Health has agreed to sell one of its hospitals to BMC Hospital.
Tyrone (Pa) Hospital plans to integrate with DuBois, Pa.-based Penn Highlands Healthcare, the two organizations announced March 18.
Strategic Global Management, a for-profit healthcare company, would pay $50 million in cash to acquire two California hospitals out of bankruptcy. However, the hospitals' owner, Verity Health System, is blocking the bid, according to The Wall Street Journal.
Six health systems submitted proposals to acquire or partner with New Hanover Regional Medical Center in Wilmington, N.C., by the March 16 deadline.
Ten transactions involving hospitals and health systems that were announced, finalized or advanced since March 1:
CRH Healthcare, an Atlanta-based urgent care provider, has acquired three Maryland urgent care centers from ChoiceOne Urgent Care.