The following healthcare mergers, acquisitions and general partnerships took place or were announced the week of May 1.
Transactions & Valuation Issues
Kansas City-based University of Kansas Health System and Nashville, Tenn.-based Ardent Health Services plan to form a joint venture company to acquire 378-bed St. Francis Health in Topeka, Kan.
The following were among the most-viewed transactions and valuations stories published by Becker's Hospital Review the week of May 1.
Burlington, N.C.-based Laboratory Corporation of America completed its acquisition of Spokane, Wash.-based Pathology Associates Medical Laboratories.
Anthem filed a petition Friday calling for a U.S. Supreme Court review of a decision made by the U.S. Court of Appeals denying a $54 billion merger between Indianapolis-based Anthem and Hartford, Conn.-based Cigna.
American Healthcare Staffing Group, a BelHealth Investment Partners portfolio company, expanded its services with the acquisition of Thaxton Barabe.
North Wilkesboro, N.C.-based Wilkes Regional Medical Center will rebrand once its lease agreement with Winston-Salem, N.C.-based Wake Forest Baptist Medical Center is finalized July 1.
Irving, Texas-based Christus Health revealed plans to acquire Lake Area Medical Center, an 88-bed facility in Lake Charles, La.
Lewiston, Idaho-based St. Joseph Regional Medical Center formed a partnership with Brentwood, Tenn.-based RCCH HealthCare Partners, which took effect May 1.
The board of directors for Syracuse, N.Y.-based Crouse Hospital approved a proposal to enter into a clinical affiliation with New Hyde Park, N.Y.-based Northwell Health.