Transactions & Valuation Issues

While average hospital margins stabilized last year, consolidation trends show health systems are still facing significant financial challenges.

Dayton (Ohio) Children's has acquired two pediatric offices, Springboro, Ohio-based Cornerstone Pediatrics and Sidney, Ohio-based Shelby Pediatrics.

Ontario, Calif.-based Prime Healthcare has lined up plans to acquire 12 hospitals this year and is open to the possibility of further acquisitions should the opportunities make sense. 

Rady Children's Hospital-San Diego and Orange, Calif.-based Children's Hospital of Orange County have officially merged to form Rady Children's Health, a three-hospital system with multiple primary and specialty care centers. 

Ontario, Calif.-based Prime Healthcare plans to acquire Lewiston-based Central Maine Healthcare by the end of the year. 

Ithaca, N.Y.-based Cayuga Health System and Elmira, N.Y.-based Arnot Health have merged into a five-hospital system with more than $1 billion in annual revenue. 

Healthcare mergers and acquisitions decreased 9% between 2023 and 2024, but an increase in deals is expected in 2025, according to PwC.

New Hampshire Attorney General John Formella's office has approved Nashville, Tenn.-based HCA Healthcare's acquisition of Manchester, N.H.-based Catholic Medical Center. 

In the good old days, most people had great, employer-sponsored healthcare plans. Patients simply provided their insurance cards at appointments, paid a $10 copay, and generally had low or no deductibles. Provider billers pushed claims out the door as quickly…

Mount Pleasant, S.C.-based Southeastern Spine Institute joined Winston-Salem, N.C.-based Novant Health, effective Jan. 1.