The following healthcare mergers, acquisitions and general transactions took place or were announced within the past week.
1. Shares of Ventas spike after announcing $1.75B Ardent deal
Chicago-based Ventas, a real estate investment trust, signed a definitive agreement to acquire Nashville, Tenn.-based Ardent Health Services, which is owned by private equity funds managed by Welsh Carson Anderson & Stowe.
2. 2 Ohio systems back out of merger talks
River Valley Health Partners in East Liverpool, Ohio, and Cincinnati-based Mercy Health withdrew a letter of intent to merge the two systems.
3. University of Vermont Health Network pursuing affiliation with Alice Hyde Medical Center
The University of Vermont Health Network in Burlington is pursuing a formal affiliation with Alice Hyde Medical Center in Malone, N.Y.
4. Valley Health System launches affiliation with Cleveland Clinic's heart and vascular institute
Ridgewood, N.J.-based Valley Health System announced an affiliation with Cleveland Clinic's Sydell and Arnold Miller Family Heart & Vascular Institute.
5. Details of Wellmont, Mountain States merger released
Kingsport, Tenn.-based Wellmont Health System and Johnson City, Tenn.-based Mountain States Health Alliance are in exclusive merger talks.
6. Clifton Springs Hospital & Clinic joins Rochester Regional Health System
Clifton Springs (N.Y.) Hospital & Clinic joined Rochester (N.Y.) Regional Health System, making it the fifth hospital in the health system.
7. CHS divests 2 South Carolina hospitals
Subsidiaries of Franklin, Tenn.-based Community Health Systems divested Chesterfield General Hospital in Cheraw, S.C., and Marlboro Park Hospital in Bennettsville, S.C.
8. Robinson Health System to join University Hospitals
Ravenna, Ohio-based Robinson Health System is set to become a part of Cleveland-based University Hospitals under an agreement the two organizations reached.
9. IU Health La Porte in exclusive partnership talks with CHS subsidiary
IU Health La Porte (Ind.) Hospital and Knox, Ind.-based Starke Hospital, also part of Indianapolis-based IU Health, signed a non-binding letter of intent to partner with a subsidiary of Franklin, Tenn.-based Community Health Systems.
10. Christ Hospital and Markey Cancer Center to affiliate
Cincinnati-based Christ Hospital and the University of Kentucky's Markey Cancer Center in Lexington affiliated as part of a collaboration effort to expand access to cancer care.
More articles on healthcare industry transactions:
Healthcare M&A activity: 8 key points
31 hospital transactions and partnerships in March
9 recent hospital partnerships and transactions