Chesterfield, Mo.-based Mercy received unanimous approval from the Missouri Facilities Review Committee to build a $650 million medical campus in Wentzville, Mo.
Transactions & Valuation Issues
Franklin, Tenn.-based Community Health Systems reaffirmed their plan to sell $1 billion worth of hospitals on the system's July 25 earnings call.
UC San Diego Health has ended negotiations for a potential partnership agreement with Tri-City Healthcare District in Oceanside, Calif.
Amulet Capital Partners closed a new fund with $1.2 billion of investable capital earmarked for healthcare purchases, according to The Wall Street Journal.
Ontario, Calif.-based Prime Healthcare has grown significantly since Founder, Chair and CEO Prem Reddy, MD, launched the health system in 2001. Now it is preparing to acquire nine Illinois hospitals from St. Louis-based Ascension in what would be the largest…
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Doylestown (Pa.) Health is meeting certain financial goals that will clear the way for a definitive agreement to merge with the University of Pennsylvania Health System, according to the Philadelphia Business Journal.
Envision is no longer operating in California after decreasing its footprint in the state over the last several years.
Morrow County Hospital, a 25-bed critical access hospital in Mount Gilead, Ohio, will join Columbus-based OhioHealth after the Morrow County Hospital board of trustees and Morrow County Commissioners voted to enter into a membership agreement with the health system.
St. Louis-based Ascension has taken another step in its effort to reorganize its portfolio — a strategy designed to enhance operating performance and ensure sustainability.
HCA Healthcare CEO Sam Hazen said the 188-hospital system is "built to be bigger," but they are "very selective about making sure that an acquisition fits the model and can produce the returns that we expect from acquisitions."