The city of Greenville, Ala., signed a letter of intent with Frey Medical Management to begin management operations and pursue the purchase of Regional Medical Center of Central Alabama. Frey Medical Management is a healthcare company that specializes in “revitaliz[ing]…
Transactions & Valuation Issues
The University of Nebraska Board of Regents has asked the state attorney general to investigate Omaha-based Nebraska Medicine, citing concerns that some of the health system’s leaders may be attempting to interfere with the university’s proposed $800 million plan to…
Tampa (Fla.) General Hospital and Somerville, Mass.-based Mass General Brigham have launched a joint ambulatory care network to serve Florida’s East Coast and expand outpatient services. The joint venture will provide advanced imaging, oncology, outpatient surgery, primary care and specialty…
San Angelo, Texas-based Shannon Health System has signed an asset purchase agreement to acquire Big Spring, Texas-based Scenic Mountain Medical Center from subsidiaries of Brentwood, Tenn.-based Quorum Health. The agreement comes after Shannon purchased West Texas Medical Plaza in 2024,…
A Hawaii health system and payer plan to affiliate under a new nonprofit parent, and a New Jersey system signed a definitive agreement to acquire its 15th hospital. Here are two hospital M&A moves that Becker’s reported during the week…
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UK St. Claire in Morehead, Ky., has undergone significant medical services expansion and workforce development since it joined Lexington-based UK HealthCare in July 2024. At the time of integration, St. Claire HealthCare featured its 139-bed hospital, seven primary care locations,…
Community Care Alliance, part of the Western Healthcare Alliance, and the Eastern Plains Health Consortium have shared plans to form a joint venture to unite rural Colorado hospitals from the Western Slope to the Eastern Plains through a shared clinical…
UAB Health System in Birmingham, Ala., acquired Southview Medical Group, also in Birmingham, Jan. 1. Southview Medical Group is a multi-specialty practice that specializes in diagnosis, prevention and treatment. It comprises 30 providers and provides care to more than 51,000…
Springfield-based Ohio Valley Surgical Hospital and Medical Group became a network partner of Mercy Health in the Springfield region on Nov. 7. Under the partnership, the hospital will maintain inpatient and outpatient surgical services, with enhanced resources, expanded collaboration opportunities…
West Orange, N.J.-based RWJBarnabas Health and Englewood (N.J.) Health have signed a definitive agreement under which Englewood would become part of RWJBarnabas Health. The transaction is subject to state and federal regulatory approvals, according to a Jan. 5 joint news…