Lake Health, a Mentor, Ohio-based health system with 600 physicians, is exploring whether a strategic partnership would best prepare it for healthcare's shift to consumerism and new technologies, according to Crain's Cleveland Business.
Transactions & Valuation Issues
Brentwood, Tenn.-based LifePoint Health has entered into an agreement to sell three hospitals and a freestanding emergency room in South Carolina to Greenville, S.C.-based Prisma Health.
McCready Health, a single-hospital system in Crisfield, Md., has merged with Salisbury, Md.-based Peninsula Regional Health System.
Health systems nationwide are looking for ways to improve the overall health of their communities while cutting costs. One emerging trend is investing in primary care and express care sites.
Norton Healthcare, UofL Physicians-Pediatrics and the University of Louisville School of Medicine finalized an affiliation that moves 21 UofL pediatric practices under the Norton name.
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Dallas-based Baylor Scott & White Health has sold its in-house construction division to a Michigan development and construction firm, according to the Dallas Morning News.
Atlanta-based Northside Hospital has acquired three urgent care sites from ChoiceOne Urgent Care of Gwinnett.
Brentwood, Tenn.-based Quorum Health has entered into a definitive agreement to sell Henderson County Community Hospital in Lexington, Tenn., to Braden Health.
Nashville, Tenn.-based HCA Healthcare has completed its acquisition of Frisbie Memorial Hospital, a 112-bed hospital in Rochester, N.H.
Mayo Regional Hospital in Dover-Foxcroft, Maine, merged with Brewer, Maine-based Northern Light Health on March 1.