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18 recent hospital transactions and partnerships

The following healthcare mergers, acquisitions and general partnerships took place or were announced in the past week.

1. 3 New Hampshire hospitals propose affiliation
Three hospitals in New Hampshire are eyeing an affiliation that would create an overarching entity to approve individual budgets and share services.

2. Genesis Healthcare, University of New Mexico Health System to partner
The Albuquerque-based University of New Mexico Health Sciences Center and Kennett Square, Pa.-based Genesis Healthcare will partner on an initiative to develop new clinical programs aimed at improving patient care and easing the process for hospitals transitioning to post-acute care facilities.

3. Niagara University, Niagara Falls Memorial embark on workforce development program
Lewiston, N.Y.-based Niagara University and Niagara Falls (N.Y.) Memorial Medical Center plan to collaborate on a joint venture to promote economic growth, enhance workforce development and expand medical tourism opportunities.

4. Rhode Island AG approves Westerly Hospital, Yale-New Haven merger
The Rhode Island attorney general approved the affiliation proposal designed by Westerly (R.I.) Hospital and Yale-New Haven (Conn.) Health Services.

5. Renown Health partners with Nevada emergency services provider REMSA
Reno, Nev.-based Renown Health agreed to finance three community health programs created by the Regional Emergency Medical Services Authority, also in Reno, that focus on delivering healthcare services and reducing out-of-pocket costs for community members in the Reno area.

6. Texas Children's purchases 2 Baylor St. Luke's Medical Center buildings
Texas Children's Hospital in Houston closed on an agreement with Houston-based Baylor St. Luke's Medical Center on the purchase of two St. Luke's buildings: the Baylor Clinic Building and the O'Quinn Medical Tower.

7. Dickinson Center, Journey Health System to affiliate
Ridgway, Pa.-based DickinsonCenter will affiliate with Bradford, Pa.-based Journey Health System. The affiliation will make Journey Health System the largest and most comprehensive behavioral health service provider in the northwestern region of the state.

8. MD Anderson Cancer Center to partner with Lourdes Hospital
Binghamton, N.Y.-based Lourdes Hospital became a certified member of the MD Anderson Cancer Network, facilitated by the Houston-based MD Anderson Cancer Center, to offer local communities enhanced cancer care closer to home.

9. Exeter Health Resources to join Granite Health: 4 things to know
Exeter (N.H.) Health Resources will join Concord, N.H.-based Granite Health in a partnership agreement between five New Hampshire healthcare systems.

10. LVHN wraps up Schuylkill Health System deal
Allentown, Pa.-based Lehigh Valley Health Network officials said the merger between LVHN and Pottsville, Pa.-based Schuylkill Health will take effect Sept. 16.

11. Carolinas Hospital System joins Mayo Clinic Care Network
Florence, S.C.-based Carolinas Hospital System will join the more than 40 national and international hospitals and health systems that make up the Mayo Clinic Care Network, formed by the Rochester, Minn.-based Mayo Clinic.

12. Brookhaven Memorial Hospital Medical Center to acquire local nursing home facility
Patchogue, N.Y.-based Brookhaven Memorial Hospital Medical Center finalized its acquisition of the property formerly belonging to the Yaphank, N.Y.-based John J. Foley Skilled Nursing Home Facility.

13. Mountain States, Wellmont unveil new name for proposed merger
Johnson City, Tenn.-based Mountain States Health Alliance executives revealed the name of the new health system created through its merger with Kingsport, Tenn.-based Wellmont Health System, pending state approval of the merger.

14. Albany Med, Saratoga Hospital deal moves forward
Albany (N.Y.) Medical Center's acquisition of Saratoga Springs, N.Y.-based Saratoga Hospital reached its final steps in the transaction process and is awaiting state approval.

15. 4 Delaware systems form statewide alliance
Four leading hospital systems in Delaware formed a strategic partnership to increase access to healthcare services and to improve the quality and affordability of care to residents of the state.

16. Essent Healthcare to affiliate with Health Quest
LaGrangeville, N.Y.-based Health Quest entered into a preliminary agreement with Nashville, Tenn.-based Essent Healthcare to affiliate with one of Essent's Connecticut hospitals.

17. Carolina Pines Regional Medical Center partners with MUSC Health
Hartsville, S.C.-based Carolina Pines Regional Medical Center will partner with Charleston-based Medical University of South Carolina to bring tele-ICU services to Carolina Pines.

18. University of Michigan Health, Metro Health sign definitive merger agreement
Directors at Cleveland-based Metro Health and regents at the Ann Arbor-based University of Michigan Health System each approved an agreement to form an affiliation.

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