Greenville, S.C.-based Prisma Health has officially acquired Maryville, Tenn.-based Blount Memorial Hospital, a 304-bed, nonprofit community hospital.
Transactions & Valuation Issues
Risant Health, a nonprofit formed by Oakland, Calif.-based Kaiser Permanente, acquired Greensboro, N.C.-based Cone Health, a five-hospital system, effective Dec. 1.
Northwest Urgent Care has wrapped the acquisition of specific urgent care centers in Arizona that are owned and run by Oakland, Calif.-based Carbon Health.
Franklin, Tenn.-based Community Health Systems' planned $120 million sale of Commonwealth Health to a newly formed nonprofit organization has collapsed.
Terre Haute, Ind.-based Union Health has withdrawn its certificate of public advantage agreement for its proposed merger with Terre Haute Regional Hospital, a 278-bed facility operated by Nashville, Tenn.-based HCA Healthcare.
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Grand Blanc, Mich.-based McLaren Health Care has acquired Park Medical Centers, which operates 10 clinics in the Detroit metro area.
Franklin, Tenn.-based Community Health Systems has entered into a definitive agreement to sell ShorePoint Health Port Charlotte (Fla.) and certain assets of ShorePoint Health Punta Gorda to AdventHealth.
Nashville, Tenn.-based HCA Healthcare entered into an asset purchase agreement on Oct. 3 to purchase Ontario, Calif.-based Prime Healthcare's Lehigh Acres, Fla.-based Lehigh Regional Medical Center.
Grand Junction, Colo.-based Mind Springs Health has signed a management agreement with South Miami, Fla.-based Larkin Health System.
Community Health Systems President and CFO Kevin Hammons said the Franklin, Tenn.-based system could be looking at acquisition opportunities in the future as it nears its $1 billion divestiture goal.