Franklin, Tenn.-based Community Health Systems has signed a definitive agreement to sell Lake Norman Regional Medical Center in Mooresville, N.C., to Duke University Health System.
Transactions & Valuation Issues
The Chippewa Valley Health Cooperative in Eau Claire, Wis., has signed a letter of intent with Springfield, Ill.-based Hospital Sisters Health System to purchase and reopen Chippewa Falls, Wis.-based St. Joseph's Hospital to provide healthcare services while it builds a…
The Federal Trade Commission has ramped up antitrust enforcement under the Biden administration, leading to the abandonment of several high-profile hospital transactions.
In September, St. Luke's Hospital in Columbus, N.C., and Altamonte Springs, Fla.-based AdventHealth were preparing for a significant milestone: AdventHealth's planned management of St. Luke's on Oct. 1. But Hurricane Helene loomed, threatening both the timeline and the communities it…
As the calendar flipped to the final month of 2024, several health systems closed M&A deals that were first announced earlier in the year:
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Flint, Mich.-based Insight Health System officially acquired Coldwater (Mich.) Regional Hospital from Toledo, Ohio-based ProMedica on Dec. 1.
Greenville, S.C.-based Prisma Health has officially acquired Maryville, Tenn.-based Blount Memorial Hospital, a 304-bed, nonprofit community hospital.
Risant Health, a nonprofit formed by Oakland, Calif.-based Kaiser Permanente, acquired Greensboro, N.C.-based Cone Health, a five-hospital system, effective Dec. 1.
Northwest Urgent Care has wrapped the acquisition of specific urgent care centers in Arizona that are owned and run by Oakland, Calif.-based Carbon Health.
Franklin, Tenn.-based Community Health Systems' planned $120 million sale of Commonwealth Health to a newly formed nonprofit organization has collapsed.