A lease between Tulsa, Okla.-based Saint Francis Health System and Bristow (Okla.) Hospital Authority was approved Nov. 25 by the Bristow City Council. Under the transition, Saint Francis will take over Bristow-based Carrus Lakeside Hospital in February 2026 to ensure…
Transactions & Valuation Issues
Estes Park (Colo.) Health officially joined Aurora, Colo.-based UCHealth Dec. 1 as UCHealth Estes Valley Medical Center. “This not only gives us financial stability and additional access to resources and subject matter experts, but also assistance in recruiting and retaining…
Ontario, Calif.-based Prime Healthcare’s nonprofit public charity, Prime Healthcare Foundation, has received state approval to acquire Lewiston-based Central Maine Healthcare. “As this transaction continues through the regulatory and closing process, we remain committed to our mission of saving hospitals, ensuring…
OhioHealth is advancing plans to acquire its 17th hospital, and WVU Health System announced a deal that would grow its system to 30 hospitals. Here are two hospital M&A moves that Becker’s reported during the week of Nov.17: 1. Columbus,…
Columbus, Ohio-based OhioHealth is moving forward with plans to acquire Lancaster, Ohio-based Fairfield Medical Center, which would be its 17th acute-care hospital. The two organizations signed a nonbinding agreement in fall 2024 to begin discussions about a formal partnership. In…
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For Albert Wright Jr., PharmD, president and CEO of Morgantown, W.Va.-based WVU Health System, its announcement to acquire Greensburg, Pa.-based Independence Health System felt like “Christmas morning.” “You work on these things for a long time before you’re able to…
Morgantown, W.Va.-based WVU Health System announced plans to acquire Greensburg, Pa.-based Independence Health System. Under the terms of the deal that is expected to close in fall 2026, WVU Medicine will acquire Independence’s five hospitals along with their affiliated physician…
An Indiana hospital merger was approved despite opposition from the Federal Trade Commission and the state’s attorney general. Here are three M&A moves that Becker’s reported on during the week of Nov. 10: 1. Farmington, Conn.-based UConn Health submitted a…
The Connecticut General Assembly approved legislation on Nov. 13 for Farmington, Conn.-based UConn Health to invest in Waterbury (Conn.) Hospital, part of Los Angeles-based Prospect Medical Holdings. “The action by lawmakers marks a major milestone in UConn Health’s proposal to…
Tampa, Fla.-based Tampa General Hospital has entered a lease agreement to take over operations of DeSoto Memorial Hospital, a 49-bed facility in Arcadia, Fla., fox4now.com reported Nov. 12. The agreement, which was approved by the DeSoto Memorial board on Nov.…