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Transactions & Valuation Issues

Doylestown (Pa.) Health will officially join the University of Pennsylvania Health System on April 1, marking a significant expansion of Penn Medicine’s reach into Philadelphia’s northern suburbs.  The transaction follows regulatory reviews and approvals from the Pennsylvania Attorney General’s Office…

West Reading, Pa.-based Tower Health has sold Brandywine Hospital, a 171-bed hospital, to a subsidiary of real estate developer Regal Builders, a spokesperson for the system confirmed to Becker’s.  “This transaction enhances our financial position by increasing liquidity while removing…

The University of Pennsylvania Health System in Philadelphia has denied reports that it is in negotiations to acquire Upland-based Crozer Health but it is involved in discussions to maintain access to care in the community, a spokesperson for the system…

The City of Tallahassee (Fla.) is evaluating a potential sale of Tallahassee Memorial Healthcare property after hospital officials proposed governance changes that would reduce municipal oversight, the Tallahassee Democrat reported March 21. TMH, a nonprofit community-based health system, anchored by…

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The U.S. Federal Communications Commission Chair Brendan Carr is preparing the agency to block mergers and acquisitions for companies with diversity, equity and inclusion policies, according to Bloomberg. In a March 21 interview, Mr. Carr told companies looking for FCC…

The ongoing negotiations shaping the future of academic medicine in Minnesota are entering a pivotal phase, as Minnesota Attorney General Keith Ellison moves to play a more active role in talks between the University of Minnesota, Fairview Health Services and…

On March 1, Ontario, Calif.-based Prime Healthcare completed its acquisition of eight St. Louis-based Ascension hospitals in Illinois.  The hospitals included in the acquisition were Ascension Holy Family in Des Plaines, Ascension Mercy in Aurora, Ascension Resurrection in Chicago, Ascension…

On March 1, Altamonte Springs, Fla.-based AdventHealth completed the $260 million acquisition of ShorePoint Health-Port Charlotte (Fla.) and ShorePoint Health-Punta Gorda (Fla.) from Franklin, Tenn.-based Community Health System.

The Chippewa Valley Health Cooperative, an independent nonprofit organization, has finalized a purchase agreement with Hospital Sisters Health System for the St. Joseph's Hospital building in Chippewa Falls, Wis. This follows the initial letter of intent signed between the two…

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