The number and dollar value of healthcare sector mergers and acquisitions grew considerably in 2014, according to a report from Irving Levin Associates.
Transactions & Valuation Issues
The following hospital mergers, acquisitions and general transactions took place or were announced in March, beginning with the most recent.
Kingsport, Tenn.-based Wellmont Health System and Johnson City, Tenn.-based Mountain States Health Alliance are expected to announce a merger agreement Thursday, according to a WCYB report.
Laredo (Texas) Community College is considering buying the old Mercy hospital building, according to a KGNS report.
Cincinnati-based Christ Hospital and the University of Kentucky's Markey Cancer Center in Lexington have affiliated as part of a collaboration effort to expand access to cancer care, according to Cincinnati.com.
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Health insurer UnitedHealth Group has agreed to combine OptumRx, its free-standing pharmacy care services business, with Catamaran Corp., a pharmacy benefit management company based in Schaumburg, Ill.
The following healthcare mergers, acquisitions and general transactions took place or were announced within the past week.
West Memphis, Ark.-based Crittenden Regional Hospital could open its doors again through a deal with Nashville, Tenn.-based Ameris Health Systems, according to a WREG report.
Springfield, Ill.-based Hospital Sisters Health System and Greenville (Ill.) Regional Hospital have signed a letter of intent to begin the process of exploring an affiliation.
LifeBridge Health has finalized an agreement to acquire Westminster, Md.-based Carroll Hospital Center, effective April 1.