1. 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 Franklin, Tenn.-based Community Health Systems.
2. 13 recent hospital transactions and partnerships
A list of healthcare mergers, acquisitions and general partnerships that took place or were announced the week of May 22.
3. Mayo Clinic and Baxter to collaborate on R&D
Rochester, Minn.-based Mayo Clinic and Deerfield, Ill.-based Baxter International, a global medical product company, established a research and development collaboration aimed at advancing innovation across various therapeutic areas.
More articles on transactions and valuations:
63 recent hospital transactions and partnerships in May
Physicians group defends $2.4B offer for Lutheran Health Network
Mount Sinai, CHOP collaborate on fetal medicine program, cardiac care
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