Terre Haute-based Union Hospital and Terre Haute Regional Hospital, part of Nashville, Tenn.-based HCA Healthcare finalized their merger Dec. 13 following a lengthy process, according to a news release from Union. The news comes after the Indiana Department of Health…
Transactions & Valuation Issues
For-profit health systems continued to reshape their portfolios in 2025, using acquisitions and divestitures to sharpen strategic focus, exit non-core markets and expand regional footprints. This year, several notable transactions have closed — or are in progress — including deals…
From a Hawaii system holding preliminary merger talks with the state’s largest health insurer to Hartford HealthCare receiving approval — with conditions — to acquire two hospitals from Prospect Medical Holdings, here are four hospital M&A moves that Becker’s reported…
Bethlehem, Pa.-based St. Luke’s University Health Network is terminating its joint venture with Danville, Pa.-based Geisinger and will assume full ownership of their jointly owned hospital, a Geisinger spokesperson confirmed with Becker’s. The health systems partnered in 2019 to create…
The Connecticut Office of Strategy has approved Hartford (Conn.) HealthCare’s acquisition of two hospitals owned by Los Angeles-based for-profit Prospect Medical Holdings, with several conditions. Hartford HealthCare in October secured the winning bid to acquire Manchester Memorial Hospital and Rockville…
Mechanicsburg, Pa.-based Select Medical has acquired Landmark Hospital of Savannah (Ga.), a 50-bed long-term acute care hospital. Select acquired the hospital from Cape Girardeau, Mo.-based Landmark Holdings of Florida, which filed for Chapter 11 bankruptcy in March. Select Medical operated…
The Minnesota Attorney General’s Office has appointed a new mediation team to guide renewed negotiations between Minneapolis-based University of Minnesota, Fairview Health Services and M Physicians — the clinical practice group for University of Minnesota Medical School faculty. The team…
Honolulu-based Hawaii Pacific Health and the state’s largest health insurer, Hawaii Medical Service Association, are in preliminary talks regarding a possible merger, the Honolulu Star-Advertiser reported Dec. 8. Four things to know: 1. The two organizations said the goal of…
Farmington, Conn.-based UConn Health, in partnership with the state, plans to invest around $250 million over the next five years in Waterbury (Conn.) Hospital. UConn Health received approval from the Connecticut General Assembly to purchase Waterbury Hospital, part of Los…
Prospect Medical Holdings and Rhode Island Attorney General Peter Neronha reached a deal that will keep two of the state’s hospitals open through January as The Centurion Foundation works to secure financing to acquire the facilities, The Providence Journal reported…