1. Hospital M&A activity jumps 55 percent in 6 years
Although the number of hospital transactions dipped slightly in 2016, the overall trend over the past six years shows hospital merger and acquisition activity is on the rise, according to an analysis by Kaufman Hall & Associates.
2. Tenet to sell multiple hospitals, home health business
Dallas-based Tenet Healthcare seeks to refine its hospital operations portfolio by selling hospitals in noncore markets.
3. Rennova Health completes acquisition of shuttered Tennessee hospital
West Palm Beach, Fla.-based Rennova Health completed its acquisition of Scott County Hospital in Oneida, Tenn., which closed July 1.
More articles on transactions and valuations:
Doylestown Health to join Sidney Kimmel Cancer Network
Duncan Regional Hospital to lease, operate Jefferson County Hospital
Wheeling Hospital acquires Harrison Community Hospital