The week in hospital M&A

Advertisement

WVU Medicine is seeking to acquire a Pennsylvania hospital, and for-profit Quorum Health completed the sale of a Texas hospital. Here are hospital M&A moves Becker’s reported on during the week of April 20: 

1. Brentwood, Tenn.-based Quorum Health completed the sale of a Texas hospital to San Angelo, Texas-based Shannon Health System. 

The sale comes after Shannon signed an asset purchase agreement in January to acquire Big Spring, Texas-based Scenic Mountain Medical Center from for-profit Quorum. 

The deal comes after Shannon bought West Texas Medical Plaza in 2024, where Scenic Mountain Medical Group is located.

2. Fulton County Medical Center in McConnellsburg, Pa., signed a nonbinding letter of intent to join Morgantown, W.Va.-based West Virginia University Health System.

FCMC is a 21-bed critical access hospital with more than 415 employees. As part of the proposed agreement, WVU Health System plans to invest up to $17 million over seven years to modernize the hospital, including implementing Epic. 

In November, the system also announced plans to acquire Greensburg, Pa.-based Independence Health System, a deal expected to close in fall 2026.

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.

Register to Attend Webinar

From fragmentation to operational flow: Solving the healthcare workforce puzzle

Tuesday, August 11
1:00 PM - 2:00 PM CDT

Presenters: Dr. Pat Hunt, QGendaAndrea Daugherty, MHA, CISSP, CHCIO, CDH-E, Arrowhead Regional Medical CenterElizabeth Lindsay-Wood, MBA, CHCIO, CDH-E, Moffitt Cancer CenterDeb Muro, El Camino HealthJohn Tejeda, D.H.A., MLS, MPAS, DFAAPA, LSSBB, FACHE, Vascular and Neuroscience Institute

Advertisement

Next Up in Transactions & Valuation Issues

Advertisement