Hartford (Conn.) HealthCare signed a definitive agreement to acquire St. Vincent's Medical Center in Bridgeport, Conn., the organizations announced Oct. 1.
Transactions & Valuation Issues
1. Suddenly we are seeing mega mergers again. Here the mergers create scale but often are in nearby markets rather than in the same markets. This provides a greater ability for the mergers to be completed and approved by the…
Nashville, Tenn.-based HCA Healthcare plans to merge Tampa (Fla.) Community Hospital with Memorial Hospital of Tampa on Nov. 9, according to the Tampa Bay Times.
Brentwood, Tenn.-based Quorum Health completed the sale of McKenzie (Tenn.) Regional Hospital to Memphis, Tenn.-based Baptist Memorial Health Care on Sept. 30.
The boards of Dallas-based Baylor Scott & White Health and Houston-based Memorial Hermann Health System signed a letter of intent to merge, the systems announced Oct. 1.
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Yale New Haven (Conn.) Health will pursue plans to integrate a sixth hospital into its system, officials announced Sept. 28.
The Rhode Island Department of Health granted Boston-based Partners HealthCare's proposed merger with Providence, R.I.-based Care New England an expedited review on Sept. 29, a department spokesperson confirmed to the Providence Journal.
Nurses at a Santa Maria, Calif., impact hearing for the merger of San Francisco-based Dignity Health and Englewood, Colo.-based Catholic Health Initiatives voiced concerns about the finances and future of the potential $28.4 billion health system, Santa Ynez Valley News…
The Massachusetts Attorney General's Office said the proposed merger between Boston-based Beth Israel Deaconess Medical Center, Burlington, Mass.-based Lahey Health and three other healthcare organizations will be subject to conditions if the deal is successful, The Boston Globe reports.
In a deal valued at $2.5 billion, UnitedHealth Group purchased pharmacy company Genoa Healthcare from a private equity group, according to Bloomberg.