The total number of healthcare mergers and acquisitions hit a record high in 2018, and there were more than 400 deals announced in the third quarter of this year.
Transactions & Valuation Issues
Roseville, Calif.-based Adventist Health will take over management of Dameron Hospital in Stockton, Calif., on Jan. 1.
Two health systems are voicing opposition to Dallas-based Tenet Healthcare's plan to sell its hospitals and other facilities in the Memphis, Tenn., area to Methodist Le Bonheur Healthcare, according to the Memphis Business Journal.
Good Samaritan Hospital, a 408-bed hospital in Los Angeles, has joined PIH Health network.
Lehigh Valley Health Network has acquired the assets of Coordinated Health, including the system's two hospitals.
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Two Wisconsin health systems called off a merger deal Dec. 19 that would have created a 13-hospital network. That failed transaction represents one of several hospital mergers that, at some point in their lifetime, were called off in the past…
Private equity funds have significantly grown in number, size and significance in the last 20 years.
New York Life agreed to buy Cigna's group life and disability insurance arm for $6.3 billion, the companies said Dec. 18.
RC Hospital & Clinics, a rural system in Olivia, Minn., will become the eighth hospital in HealthPartners' network.
La Crosse, Wis.-based Gundersen Health System and Marshfield (Wis.) Clinic Health System have abandoned plans to merge into a 13-hospital rural healthcare network, the organizations said Dec. 19.