Hopkinsville, Ky.-based Jennie Stuart Health has signed a non-binding letter of intent to join Deaconess Health System, an 18-hospital system headquartered in Evansville, Ind.
Transactions & Valuation Issues
Nonprofit organization WoodBridge Healthcare intends to use bond financing debt to acquire a three-hospital system in Pennsylvania from Community Health Systems, The Scranton Times-Tribune reported Sept. 23.
Katherine Shaw Bethea Hospital, an 80-bed facility in Dixon, Ill., has received approval to join Peoria, Ill.-based OSF HealthCare.
Christus Health Ark-La-Tex, part of Irving, Texas-based Christus Health, is assuming operations of Dallas-based Steward Health Care's Wadley Regional Medical Center in Texarkana, Texas.
San Angelo, Texas-based Shannon Medical Center has acquired River Crest Hospital from King of Prussia, Pa.-based Universal Health Services, a spokesperson for UHS confirmed to Becker's.
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For the past few decades, health systems have struggled to find ways to boost revenue amid growing financial stress. The pressure on hospitals has steadily built up over the years, especially in wake of the pandemic. The answer for many…
Labcorp and Quest Diagnostics are snapping up lab assets from several health systems. Here are seven deals that Becker's has reported in 2024:
Bethlehem, Pa.-based St. Luke's University Health Network is in talks to acquire Grand View Health in Sellersville, Pa., The Philadelphia Inquirer reported Sept. 16.
Tucson, Ariz.-based Northwest Urgent Care, a subsidiary of Community Health Systems, has signed a definitive agreement to acquire 10 urgent care centers in the state from Carbon Health, Carbon Health, a primary and urgent care provider headquartered in San Francisco.
Toledo, Ohio-based ProMedica has signed a definitive asset purchase agreement with Insight Health System, under which Insight will acquire Coldwater (Mich.) Regional Hospital.