The following are hospital mergers, acquisitions, partnerships and affiliations that have been announced so far this year. The list is organized by month beginning with the most recent.
Transactions & Valuation Issues
Miami-based Jackson Health System has unveiled the details of a $1.4 billion construction and capital improvement plan, according to a South Florida Business Journal report.
Two New York health systems — Albany-based St. Peter's Health Partners and Ellis Medicine in Schenectady — have announced plans to form a regional alliance.
Savannah, Ga.-based Memorial Health has signed an agreement to form a joint venture with Birmingham, Ala.-based rehabilitative hospital services provider HealthSouth Corp. to own and operate a 50-bed inpatient rehabilitation hospital.
District One Hospital Board of Faribault, Minn., introduced a proposed affiliation agreement with Allina Hospital, headquartered in Minneapolis, on Wednesday, according to an article in the Faribault Daily News.
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Onslow Memorial Hospital in Jacksonville, N.C., is seeking a potential partner to help it surmount various financial challenges, according to a report from The Daily News.
Burlington, Mass.-based Lahey Health and St. Joseph Healthcare — a 208-bed acute-care community hospital in Nashua, NH. — have announced an agreement to expand their existing collaboration.
The relative healthy performance and steady cash flows of medical office buildings has made them a much sought after property type by institutional investors and real estate investment trusts, according to Johnson Controls. Investor interest has been so high that…
Two health systems in the Chicago area, which include nine hospitals total, have signed a non-binding letter of intent to form a joint operating company.
Alliance, Neb.-based Box Butte General Hospital, a 25-bed critical access hospital, has funded $40 million for an expansion and renovation of its facility.