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Transactions & Valuation Issues

Feb. 1 was a busy day for two of the nation's largest for-profit health systems. 

Medical City Healthcare in Dallas, a subsidiary of HCA Healthcare, is now a 20-hospital system upon its completed purchase of a nearby hospital that filed for bankruptcy in 2023.

Winston-Salem, N.C.-based Novant Health has completed its $2.4 billion acquisition of three hospitals along with their affiliated physician clinics from Dallas-based Tenet Healthcare. 

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Orange, Calif.-based UCI Health has reached a definitive agreement to acquire Tenet Healthcare's Pacific Coast Network, which includes four hospitals in Southern California and their associated outpatient locations.

Morristown, N.J.-based Atlantic Health System and New Brunswick, N.J.-based Saint Peter's Healthcare System have signed a letter of intent to bring Saint Peter's into Atlantic Health's care network to expand care access.

Healthcare mergers and acquisitions face a number of rising threats: high interest rates, regulatory probes and "macroeconomic uncertainty," to name a few. That means deals will need to be more thoughtful in 2024, according to a Jan. 30 article on…

The Massachusetts Health Policy Commission on Jan. 25 called for further review of the proposed clinical affiliation between Dana-Farber Cancer Institute, Beth Israel Deaconess Medical Center, and Harvard Medical Faculty Physicians at BIDMC. 

Missouri Attorney General Andrew Bailey has penned a letter complicating a proposed merger between Liberty (Mo.) Hospital and the Kansas City-based University of Kansas Health System, The Kansas City Star reported Jan. 25. 

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