1. 18 recent hospital transactions and partnerships
A list of healthcare mergers, acquisitions and general partnerships that took place or were announced the week of June 5.
2. Tennessee pharmacy chain gets $450M in additional financing to purchase Rite Aid’s assets
Fred’s, a pharmacy chain based in Memphis, Tenn., gained $450 million in additional financing to purchase Camp Hill, Pa.-based Rite Aid’s assets.
3. Quorum Health to divest 2 Pennsylvania hospitals
Brentwood, Tenn.-based Quorum Health, the 35-hospital spinoff of Franklin, Tenn.-based Community Health Systems, signed a definitive agreement June 7 to sell two Pennsylvania hospitals to Williamsport, Pa.-based UPMC Susquehanna.
More articles on transactions and valuations:
Wellmont, MSHA leaders say merger remains ‘critical’
Foundation Health Partners joins Mayo Clinic Care Network
Highlands Regional Medical Center affiliates with University of Kentucky cancer center
