The following healthcare mergers, acquisitions and general partnerships took place or were announced in the past week.
1. Montefiore Health System expands NY footprint
Bronx, N.Y.-based Montefiore Health System expanded its hospital network, as a deal for St. Luke's Cornwall Hospital in Newburgh, N.Y., to become a member of Montefiore received regulatory approval.
2. 2 Philadelphia health systems finalize merger deal
Aria Health System and Jefferson — a newly formed organization that includes Thomas Jefferson University and Jefferson Health — entered into a definitive agreement, which lays out the terms of how the two Philadelphia-based systems will integrate.
3. Jefferson and Kennedy Health explore merger
Philadelphia-based Jefferson health system and Kennedy Health in Voorhees, N.J., signed a letter of intent to pursue integration.
4. Catholic Medical Center to partner with Monadnock Community Hospital
Catholic Medical Center, a 330-bed hospital in Manchester, N.H., and Monadnock Community Hospital, a 25-bed critical access hospital in Peterborough, N.H., signed a letter of intent to explore an affiliation.
5. Anderson Hospital, Community Memorial Hospital sign affiliation deal
Anderson Hospital in Maryville, Ill., and Community Memorial Hospital in Staunton, Ill., signed a letter of intent to affiliate, allowing the two hospitals to move into a due diligence period to work out the exact structure of the deal.
More articles on healthcare industry transactions:
Hospital M&A activity jumps 70% in 5 years: 8 findings
5 recent hospital transactions and partnerships
15 recent hospital transactions and partnerships