Orchard Park Hospital in Wheeling, W.Va. has signed a letter of intent to merge with WVU Medicine Wheeling Hospital. Orchard Park Hospital is a 30-bed inpatient pediatric psychiatric hospital, according to a Feb. 24 health system news release. As part…
Transactions & Valuation Issues
Farmington, Conn.-based UConn Health will complete its acquisition of Waterbury (Conn.) Hospital from bankrupt Los Angeles-based Prospect Medical Holdings on March 1, CT Insider reported Feb. 24. Four things to know: 1. The closing of the deal comes after UConn…
Enhabit, a home health and hospice provider with 249 home health locations and 117 hospice locations across 34 states, has entered into a definitive agreement to be acquired by private equity firm Kinderhook Industries in an all-cash transaction valued at…
Prime Healthcare Foundation closed its acquisition of a Maine health system, and a pair of Texas hospitals are considering a potential merger. Here are three hospital M&A updates that Becker’s reported during the week of Feb. 16. 1. Nacogdoches (Texas)…
Nacogdoches (Texas) County Hospital District is eyeing a new lease agreement with Dallas-based Tenet Healthcare that would merge Nacogdoches Memorial Hospital with Nacogdoches Medical Center, ABC affiliate KTRE reported Feb. 19. Under the proposed deal, the two hospitals would operate…
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Ontario, Calif.-based Prime Healthcare’s recent acquisitions in Illinois and Maine underscore a deliberate growth strategy leaders describe as a “market cluster” approach: entering or expanding in a region with multiple hospitals to build scale, stabilize distressed facilities and create operational…
Austin, Texas-based St. David’s HealthCare has acquired Cardiothoracic and Vascular Surgeons Feb. 15. St. David’s HealthCare comprises nine hospitals, 190 care sites and more than 12,600 employees. It’s a partnership between Nashville, Tenn.-based HCA and two local nonprofits, the St.…
Ontario, Calif.-based Prime Healthcare’s nonprofit public charity, Prime Healthcare Foundation, acquired Lewiston-based Central Maine Healthcare on Feb. 16. The foundation received Maine’s approval to acquire Central Maine Healthcare in late November after sharing plans to acquire it in January 2025. …
Humana’s healthcare services division CenterWell has completed its acquisition of MaxHealth, a Tampa, Fla.-based primary care network focused on adults and seniors, the company said Feb. 13. MaxHealth operates 54 primary care clinics, four specialty/ancillary clinics and 24 affiliated clinics…
As financial pressures continue to strain rural and community hospitals, academic health systems are increasingly stepping in as operators, affiliates or strategic partners. Over the past 14 months, 22 academic health systems have acquired — or announced plans to acquire…