Little Rock-based University of Arkansas for Medical Sciences has finalized an affiliation with Pine Bluff, Ark.-based Jefferson Regional to strengthen access to care. Five things to know: 1. UAMS and Jefferson Regional finalized a membership substitution agreement that makes the…
Transactions & Valuation Issues
The Oregon Health Authority has granted Salem (Ore.) Health Hospitals & Clinics and Stayton, Ore.-based Santiam Memorial Hospital an emergency exemption that allows their proposed affiliation to proceed without a full state healthcare market review. Eleven things to know: 1.…
St. Raphael Health – Dallas, an affiliate of Saint Raphael Health, has acquired nearly all of the assets of the former Dallas-based First Baptist Medical Center. The facility now operates under new ownership and management as St. Raphael Health –…
Greenville, S.C.-based Prisma Health is poised to become a 27-hospital, multiregion health system through its proposed partnership with Chattanooga, Tenn.-based Erlanger Health. The organizations signed a nonbinding letter of intent July 22 for Erlanger, a seven-hospital system, to join Prisma.…
Knox Community Hospital, a 99-bed hospital located in Mount Vernon, Ohio, signed a non-binding letter of intent to join Kettering (Ohio) Health. The agreement follows a search led by Knox Community Hospital’s board of trustees and hospital and physician leadership…
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Intermountain Health and AdventHealth are pursuing a Denver-area joint venture that closely resembles the model Henry Ford Health and Ascension used to combine certain assets and facilities in Michigan under one operating system while preserving elements of both organizations. Altamonte…
Dallas-based Tenet Healthcare now expects to exceed $300 million in full-year M&A spending in 2026, executives said on the for-profit system’s July 24 second-quarter earnings call. Tenet had previously projected $250 million in M&A spending in 2026. Chairman and CEO…
Erlanger’s board of directors along with CEO Jim Coleman decided several months ago it was time to seek a partner. Not because the Chattanooga, Tenn.-based health system was struggling – quite the opposite. Erlanger was in a strong financial position,…
Brentwood, Tenn.-based Surgery Partners has entered into an agreement to sell its ownership interests in two Idaho hospitals to Salt Lake City-based Intermountain Health, which is an existing partner in the facilities. Under the agreement, Intermountain will acquire Surgery Partners’…
Erlanger Health signed a non-binding letter of intent to join Prisma Health, and AdventHealth and Intermountain Health are seeking to form a joint venture combining their greater Denver-area hospitals. Here are five hospital M&A moves Becker’s reported during the week…