Minneapolis-based Allina Health signed an agreement to sell some lab assets to Quest Diagnostics for improved access and affordability of services.
Transactions & Valuation Issues
A definitive agreement has been signed for New Brunswick, N.J.-based Saint Peter's Healthcare System to join Morristown, N.J.-based Atlantic Health System.
The University of Alabama System's board of trustees unanimously approved an agreement to acquire Ascension St. Vincent's Health System.
From a Tenet selling spree to Risant Health's acquisition of Geisinger, here are 16 hospital merger and acquisition moves to know from the first six months of 2024.
Risant Health, a nonprofit formed under Oakland, Calif.-based Kaiser Permanente, has signed a definitive agreement to acquire Greensboro, N.C.-based Cone Health.
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The Rhode Island department of health has conditionally approved the application for Los Angeles-based Prospect Medical Holdings to sell its two safety net state hospitals to The Centurion Foundation, according to a June 20 news release shared with Becker's.
Allentown, Pa.-based Lehigh Valley Health Network is planning to sell and then lease back several outpatient facilities primarily to fund two hospital projects, The Morning Call reported June 20.
Winston-Salem, N.C.-based Novant Health scrapped its planned acquisition of two hospitals from Franklin, Tenn.-based Community Health Systems after an appellate court granted the Federal Trade Commission an emergency injunction blocking the deal.
Los Angeles-based Prospect Medical Holdings has received conditional approval from Rhode Island Attorney General Peter Neronha, after a lengthy review, to sell its two safety net hospitals to The Centurion Foundation.
Franklin, Tenn.-based Community Health Systems said it is "evaluating the current operations" at its two North Carolina hospitals after a deal to sell the hospitals to Winston-Salem, N.C.-based Novant Health was called off amid Federal Trade Commission scrutiny.