Houston Healthcare, a community-based, nonprofit health system in Warner Robins, Ga., and Emory Healthcare, an 11-hospital academic health system in Atlanta, have signed a letter of intent for Houston Healthcare to join Emory Healthcare, according to an Aug. 22 news…
Transactions & Valuation Issues
The County of Santa Clara, Calif., has reached a tentative agreement with Nashville, Tenn.-based HCA Healthcare to purchase its San Jose, Calif.-based Regional Medical Center for $175 million, allowing the hospital to integrate with the county operated Santa Clara Valley…
Altamonte Springs, Fla.-based AdventHealth, a health system with more than 50 hospitals in nine states, plans to assume management of St. Luke's Hospital in Columbus, N.C.
Statesville, N.C.-based Iredell Health System has signed a definitive agreement to buy Davis Regional Psychiatric Hospital from Franklin, Tenn.-based Community Health Systems in a deal that is expected to close this fall. News of the acquisition comes after Novant Health…
From Prime Healthcare signing a deal to acquire nine hospitals from Ascension to Kaiser's Risant Health making a deal to acquire a second system, here are 10 health system mergers and acquisitions to know that have been announced or completed…
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Philadelphia-based University of Pennsylvania Health System and Doylestown (Pa.) Health signed a definitive agreement for Doylestown to become part of Penn Medicine.
Dallas-based Steward Health Care and Orlando (Fla.) Health have entered into a binding asset purchase agreement for Steward's northern Florida assets for $439.42 million in cash, according to Aug. 14 bankruptcy court documents obtained by Becker's.
Gravette, Ark.-based Ozarks Community Hospital has acquired Decatur (Ark.) Medi Clinic and renamed it OCH Decatur Clinic.
Merger and acquisition activity is picking up steam this year after a decline in deal volume during the pandemic, with some large health systems reorganizing their portfolios and offloading hospitals in various markets.
Dallas-based Steward Health Care has entered into a definitive agreement to sell its physician group, Stewardship Health, to Nashville, Tenn.-based Rural Healthcare Group, part of private equity firm Kinderhook Industries, for $245 million in cash, according to an Aug. 12…