1. Quorum finalizes deal to sell Illinois hospital, marking second divestiture this week
Brentwood, Tenn.-based Quorum Health signed a definitive agreement Sept. 12 to sell Vista Medical Center West, a 70-bed facility in Waukegan, Ill., to New York City-based US HealthVest.
2. Quorum Health signs definitive agreement to divest Alabama hospital
Quorum Health signed a definitive agreement Sept. 11 to sell L.V. Stabler Memorial Hospital, a 72-bed facility in Greenville, Ala., to the Health Care Authority of the City of Greenville – L.V. Stabler Hospital, a public corporation.
3. Tenet to divest 8 additional US hospitals, 9 UK facilities
Outgoing Dallas-based Tenet Healthcare CEO Trevor Fetter said during a presentation at the Baird 2017 Global Healthcare Conference the health system plans to divest eight hospitals in four U.S. markets, as well as nine facilities in the United Kingdom.
More articles on transactions and valuations:
Kaiser Permanente, Target to open 31 retail clinics in southern California
St. Luke’s Health Network, Blue Mountain Health to form 9-hospital system
HealthPartners to acquire Hutchinson Health