From a new health system forming in Missouri to two Oregon systems agreeing to walk away from their proposed merger, here are two hospital M&A moves that Becker’s reported during the week of June 9:
1. Jackson-based University of Mississippi Medical Center announced that it completed its acquisition of Merit Health Madison, a 67-bed facility in Canton, Miss. Merit Health Madison now operates as UMMC Madison. UMMC became the full owner of the hospital after completing the purchase from a subsidiary of Franklin, Tenn.-based Community Health Systems.
The acquisition builds on a business relationship that began in 2019, when UMMC physicians started performing procedures at the hospital.
2. Stayton, Ore.-based Santiam Hospital and Clinics and Corvallis, Ore.-based Samaritan Health Services mutually agreed to walk away from their proposed merger. The systems said in a prepared statement they “remain committed to their missions of service within the region and will continue to look for ways to collaborate that might benefit the health and well-being of the community.”
Neither system provided additional details on the reasoning behind their decision.
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