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6 recent hospital transactions and partnerships

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

1. Piedmont, Athens Regional partnership clears final regulatory hurdle
The Georgia Attorney General ruled in favor of a partnership agreement between Athens (Ga.) Regional Health System and Atlanta-based Piedmont Healthcare.

2. Christ Hospital outpatient center sold for $13.2M
Scottsdale, Ariz.-based Everest Medical Core Properties acquired Fort Wright, Ky.-based Christ Hospital outpatient center.

3. OHSU Partners lands third partner: Adventist Health – Portland
Roseville, Calif.-based Adventist Health and Portland, Ore.-based Oregon Health & Sciences University Partners signed a nonbinding letter of intent to pursue an affiliation.

4. AltaPointe merges with Cheaha Regional Mental Health
Mobile, Ala.-based AltaPointe Health Systems and Sylacauga, Ala.-based Cheaha Regional Mental Health merged, making AltaPointe the largest and most comprehensive behavioral healthcare provider in Alabama.

5. Universal Health Services, LG Health to jointly operate mental health facility
Lancaster (Pa.) General Health and King of Prussia, Pa.-based Universal Health Services plan to jointly operate a 126-bed behavioral health hospital in Lancaster.

6. Mount Sinai Health partners with Stony Brook Medicine
Stony Brook (N.Y.) Medicine and New York City-based Mount Sinai Health System inked an affiliation agreement, which includes collaboration on research, academic programs and clinical care initiatives.

More articles on healthcare industry transactions:

Inspira Health Network terminates affiliation agreement with Jefferson Health
Steel of W.Va. appeals Cabell Huntington Hospital merger
Samaritan Healthcare, Confluence Health drop negotiations

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