The 10 most-read transactions and valuations stories in May

The following were among the most-viewed transactions and valuations stories published by Becker’s Hospital Review in May. 

Advertisement

1. CHS divests 11 hospitals, adds 3 more to sale pipeline
Franklin, Tenn.-based Community Health Systems completed its sale of eight hospitals to Boston-based Steward Health Care and divested two hospitals to Clinton, Tenn.-based Curae Health May 1.

2. Steward Health Care to acquire IASIS Healthcare
Boston-based Steward Health Care signed a definitive agreement to acquire Franklin, Tenn.-based IASIS Healthcare for $1.9 billion May 19. 

3. Prime Healthcare Foundation’s $15M acquisition of CHS hospital collapses
Ontario, Calif.-based Prime Healthcare Foundation’s $15 million acquisition agreement to purchase Salem, N.J.-based The Memorial Hospital of Salem County fell through just as the deal received state regulatory approval.

4. KentuckyOne to spin off 4 hospitals, 4 ambulatory centers
Louisville-based KentuckyOne Health is searching for new owners and operators for more than 10 entities. The changes will ultimately leave KentuckyOne as a seven-hospital system. 

5. HCA to add 7 hospitals, looks to M&A for more growth
Nashville, Tenn.-based HCA Healthcare officials said during a first quarter earnings call May 2 the company plans to purchase more hospitals in the coming months.

6. Quorum to divest 2 hospitals in Tennessee
Brentwood, Tenn.-based Quorum Health Corp. signed a definitive agreement May 16 to sell two hospitals in Tennessee. 

7. 40 hospital transactions and partnerships in April
A list of healthcare mergers, acquisitions and general partnerships that took place or were announced during the month of April. 

8. Quorum Health seeks to sell 6 more hospitals
Quorum Health, the 35-hospital spinoff of Community Health Systems, is focused on restructuring its portfolio to improve financial performance.

9. 11 recent hospital transactions and partnerships
A list of healthcare mergers, acquisitions and general partnerships that took place or were announced the week of May 8. 

10. CHS to divest 5 hospitals to Reading Health System
West Reading, Pa.-based Reading Health System entered into an asset purchase agreement to acquire five hospitals owned and operated by Community Health Systems. 

More articles on transactions and valuations:
University of Miami, Jackson Health extend clinical collaboration
13 recent hospital transactions and partnerships
CoxHealth, Citizens Memorial Hospital call off affiliation plans

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Advertisement

Next Up in Transactions & Valuation Issues

Advertisement

Comments are closed.