Nashville, Tenn.-based HCA Healthcare has acquired a majority stake in a multistate nursing school.
Transactions & Valuation Issues
Eight transactions involving hospitals and health systems that were announced, finalized or moved forward in the last week:
Beaumont Health, the largest health system in Michigan, signed a definitive agreement to acquire the neighboring Summa Health, a four-hospital system based in Akron, Ohio, the organizations announced Jan. 6.
Shriners Hospitals for Children-Cincinnati plans to close its standalone hospital and move operations to Dayton (Ohio) Children's Hospital, according to the Cincinnati Business Courier.
Avera Marshall (Minn.) Regional Medical Center finalized its acquisition of Granite Falls (Minn.) Health Jan. 1.
Advertisement
Southwestern Health Resources and Cigna inked a three-year deal that allows Cigna members to access the Dallas-based provider's services at in-network rates, according to D CEO Healthcare.
Dallas-based Steward Health Care System divested its managed care plans to Blue Cross Blue Shield of Arizona Jan. 2.
Union Hospital, a 72-licensed bed facility in Elkton, Md., has joined Newark, Del.-based ChristianaCare.
Northwest Hospital in Seattle became the second campus of University of Washington Medical Center on Jan. 1.
A joint venture between Atlanta-based Piedmont Healthcare and WellStreet Urgent Care recently acquired nine urgent care centers, expanding its footprint to 26 urgent care facilities, according to Georgia Health News.