Brentwood, Tenn.-based Quorum Health was a 38-hospital system when it spun off from Franklin, Tenn.-based Community Health Systems in 2016. That number may shrink to 20 early next year, according to the Nashville Post.
Transactions & Valuation Issues
Wentworth-Douglass Hospital in Dover, N.H., and Exeter (N.H.) Health Resources are launching a public engagement effort seeking to gain support for a merger with Massachusetts General Hospital, according to fosters.com.
Dallas-based Steward Health Care System will divest its managed care plans in Arizona to Blue Cross Blue Shield of Arizona, the organizations said Nov. 7.
Indianapolis-based Community Health Network has acquired addiction treatment provider Fairbanks.
The proposed merger of Mayo Regional Hospital and Northern Light Health took a step forward this week after it gained preliminary support from Maine health regulators, according to the Bangor Daily News.
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Welltower, a real estate investment trust based in Toledo, Ohio, has entered into a definitive agreement to acquire a 29-property medical office building portfolio from Milwaukee-based Hammes Partners.
Pittsburgh-based UPMC is expanding operations in Ireland with the acquisition of its second hospital.
Sioux Falls, S.D.-based Sanford Health and Des Moines, Iowa-based UnityPoint Health have called off plans to merge into an $11 billion, 76-hospital system.
A division of Nashville, Tenn.-based HCA Healthcare sold a 65-bed long-term acute care hospital to a Dallas-based specialty hospital operator.
Trillium Community Health Plan was dealt a blow late last week after Oregon officials notified the insurer that it cannot expand into the Portland, Ore., market, according to The Oregonian.