The following healthcare mergers, acquisitions, partnerships and general transactions took place or were announced during the month of September.
Transactions & Valuation Issues
Lakeland (Fla.) Regional Health affiliated with Orlando (Fla.) Health Oct. 1 to establish an integrated healthcare system.
Independence Blue Cross members lost in-network access to five Pennsylvania hospitals purchased by Tower Health in West Reading, Pa., from Franklin, Tenn.-based Community Health Systems.
Boston-based Steward Health Care completed its acquisition of Iasis Healthcare, an 18-hospital system in Franklin, Tenn., Sept. 29.
Brentwood, Tenn.-based Quorum Health, the 32-hospital spinoff of Franklin, Tenn.-based Community Health Systems, has sold two Pennsylvania hospitals to Williamsport, Pa.-based UPMC Susquehanna.
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Franklin, Tenn.-based Community Health Systems finalized its divestiture of five Pennsylvania hospitals to West Reading, Pa.-based Tower Health — formerly Reading Health System — Oct. 1.
The following were among the most-viewed transactions and valuations stories published by Becker's Hospital Review the week of Sept. 29.
Providence, R.I.-based Care New England officials said a complicated negotiation process has extended the timeline of Pawtucket, R.I.-based Memorial Hospital's sale to Ontario, Calif.-based Prime Healthcare Foundation, according to WPRI-12 News.
Midland-based MidMichigan Health entered into an affiliation with West Branch (Mich.) Regional Medical Center Sept. 28.
College Station-based Texas A&M University System board of regents approved the purchase of an 18-story office building across from Houston-based Texas Medical Center Sept. 27.