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Why General Catalyst says Summa Health purchase isn't 'another private equity deal'
General Catalyst's leaders said its proposed acquisition of Akron, Ohio-based Summa Health should not be "mischaracterized as another 'private equity' deal." -
UMass Memorial, Milford advance alliance
Milford (Mass.) Regional Medical Center and Worcester-based UMass Memorial Health have signed a definitive agreement for their affiliation. -
A flurry of health system M&A deals to start 2024
Hospital and health system merger and acquisition activity increased 27% year over year in 2023, and 2024 is already off to a busy start. -
New Jersey systems plan to combine for-profit, nonprofit hospitals
Jersey City, N.J.-based CarePoint Health and Hudson Regional Hospital in Secaucus, N.J., have signed a letter of intent to combine under a new management company, Hudson Health System, which will incorporate the acute care facilities of both organizations. -
Mercy acquires orthopedic group
Cincinnati-based Mercy Health acquired the Orthopedic Institute of Western Kentucky in Paducah, effective Jan. 1. -
Penn Medicine plans to acquire Doylestown Health
Editor's Note: The headline for this article in the Becker's Hospital Review E-newsletter on Jan. 12 stated that Penn Medicine would acquire six hospitals, which is incorrect. Penn Medicine is a six-hospital system and would become a seven-hospital system should the proposed transaction be completed. The University of Pennsylvania Health System in Philadelphia and Doylestown (Pa.) Health have signed a nonbinding letter of intent to explore if Doylestown will become part of Penn Medicine, a six-hospital system. -
Hospital M&A activity up 27% vs. 2022
Hospital and health system merger and acquisition activity increased 27% year over year to 75 announced transactions in 2023, according to a report published Jan. 2 by Cain Brothers, a division of Key Banc Capital Markets. -
7 health systems selling labs
Labcorp and Quest Diagnostics are snapping up lab businesses from health systems across the U.S. Here are seven deals Becker's has reported since March 20: -
Ascension ramps up joint ventures
Health systems are pursuing joint ventures and service line partnerships in multiple sectors this year, including outpatient surgery, behavioral health, post-acute care, physician services, urgent care and hospital-at-home programs. -
FTC scrutinizes UPMC-Washington Health deal
The Federal Trade Commission has begun a review of Pittsburgh-based UPMC's plans to acquire Washington Health System, according to a Jan. 10 Pittsburgh Post-Gazette report. -
Co-CEOs will run Michigan's newest health system
Hills & Dales Healthcare, based in Cass City, Mich., and UnitedHealthcare Partners, based in Marlette, Mich., have joined forces to create a three-hospital system. -
Colorado system in talks to acquire orthopedic clinics, ASC
Gunnison (Colo.) Valley Health is in talks with Vail-Summit Orthopaedics and Neurosurgery to acquire ownership of several of its locations, a spokesperson for the physician group told Becker's. -
Essentia, Marshfield Clinic call off merger in Midwest
Duluth, Minn.-based Essentia Health and Marshfield (Wis.) Clinic Health System have ended efforts to combine into a 25-hospital regional health system. -
Why acquiring a rural medical center is part of Huntsville Hospital's mission
Being part of a regional healthcare system will give Fort Payne, Ala.-based DeKalb Regional Medical Center access to local resources it does not have, Huntsville (Ala.) Hospital Health System CEO Jeff Samz told al.com in a Jan. 4 report. -
3 Missouri health system mergers in 2 days
The year is off to a busy start in Missouri healthcare, with three health system partnerships closing in two days. -
MU Health Care acquires longtime hospital partner
Columbia-based University of Missouri Health Care and Jefferson City, Mo.-based Capital Region Medical Center have completed their integration, with both health systems unified under the one brand: MU Health Care. -
Huntsville Hospital Health to acquire 134-bed hospital
Huntsville (Ala.) Hospital Health System plans to acquire DeKalb Regional Medical Center, a 134-bed hospital in Fort Payne, al.com reported Jan. 2. -
Mercy acquires SoutheastHealth
SoutheastHealth — a Cape Girardeau, Mo.-based system including two hospitals, a behavioral health hospital and 48 clinics — is now part of St. Louis-based Mercy. -
West Virginia cancer center joins Vandalia Health
Beckley, W.Va.-based Carl Larson Cancer Center has officially joined Vandalia Health to provide more procedure capacity and expand available services to the community, according to a Charleston (W.Va.) Area Medical Center release shared with Becker's. -
Saint Luke's, BJC complete merger
St. Louis-based BJC HealthCare and Kansas City, Mo.-based Saint Luke's Health System — which signed a letter of intent to combine in May — have finalized their transaction to merge.
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