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.
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
