The total number of healthcare mergers and acquisitions hit a record high in 2018, and dozens of deals have been announced so far this year.
Transactions & Valuation Issues
Coeur d'Alene, Idaho-based Kootenai Health has entered into a letter of intent to acquire two critical access hospitals from Duluth, Minn.-based Essentia Health.
A physician assistant has purchased Cumberland River Hospital in Celina, Tenn., which closed March 1, according to Nashville Public Radio.
Lexington, Ky.-based Appalachian Regional Healthcare acquired Highlands Regional Medical Center, a 192-bed hospital in Prestonsburg, Ky., on Aug. 1.
Phoenix-based Banner Health plans to acquire North Colorado Medical Center in Greeley, which it has operated since 1995.
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Franklin, Tenn.-based Community Health Systems has completed the sale of College Station (Texas) Medical Center and Tennova Healthcare-Lebanon (Tenn.).
Butler (Pa.) Health System and Clarion (Pa.) Healthcare System have signed a definitive agreement to merge.
The total number of healthcare mergers and acquisitions hit a record high in 2018, and dozens of deals have been announced so far this year.
Gaithersburg, Md.-based Adventist HealthCare and Howard University Hospital in Washington, D.C., have signed a letter of intent to explore a partnership agreement.
Philadelphia-based Temple University has agreed to sell Fox Chase Cancer Center and its interest in Health Partners Plan to Thomas Jefferson University in Philadelphia.