Huntsville (Ala.) Hospital Health System and Haleyville, Ala.-based Lakeland Community Hospital entered into an affiliation agreement, effective July 1. The agreement is not an acquisition or purchase, according to a July 2 Huntsville Hospital Health System news release. Lakeland Community…
Transactions & Valuation Issues
UC San Diego Health and Escondido, Calif.-based Palomar Health on July 1 completed a joint powers authority, forming a new health system called Palomar UC San Diego Health. The JPA combines Palomar Health’s community-based hospitals with the academic and specialty…
Mechanicsburg, Pa.-based Select Medical has been acquired for $3.9 billion by a consortium led by its co-founder and executive chairman Robert Ortenzio. With the close of the acquisition, Select Medical has become a privately held company, according to a June…
Pittsburgh-based Allegheny Health Network finalized an affiliation agreement July 1 to acquire Beaver, Pa.-based Heritage Valley Health System, bringing the system’s footprint to 16 hospitals. The two parties, which shared plans to affiliate in October 2025, received formal approval from…
Phoenix-based Banner Health has signed an asset purchase agreement to sell Banner Lassen Medical Center in Susanville, Calif., to an affiliate of Brentwood, Tenn.-based Quorum Health. The transaction is expected to close in December, pending regulatory approvals, according to a…
Advertisement
From two New Jersey systems exploring a potential merger, to UNC Health planning to take over a North Carolina hospital, here are five hospital M&A moves Becker’s reported during the week of June 22: 1. Encore Medical Center in Bryant,…
Encore Medical Center in Bryant, Ark., will join Little Rock-based University of Arkansas for Medical Sciences Health after the University of Arkansas board of trustees approved the system’s plan to lease and operate the facility. Encore Medical Center, a 53-licensed-bed,…
Optum is speaking with multiple large New York health systems to sell some specialties in the state, the company confirmed to Becker’s June 24. The UnitedHealth Group subsidiary is considering the sale of certain specialties, including orthopedics, general surgery and…
Many hospital leaders are getting the M&A sequence wrong, and executives who have sat on both sides of the deal table say the consequences are predictable: costly integrations, misaligned cultures and acquisitions that strain balance sheets without a clear path…
Nashville, Tenn.-based HCA Healthcare has agreed to sell 31 home health and hospice agencies across eight states to Deaconess Associations Incorporated, a Cincinnati-based company that manages a diversified portfolio of $1 billion in healthcare services, programs, investments and community grant…