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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. CHRISTUS Health expands further into North Texas
Irving, Texas-based CHRISTUS Health finalized a joint venture agreement with Hopkins County Hospital District, a one-hospital system in Sulphur Springs, Texas.

2. UPMC's takeover of WCA Hospital moves forward
The Public Health and Health Planning Council within New York's Department of Health approved a plan to merge 317-bed WCA Hospital in Jamestown, N.Y., into Pittsburgh-based UPMC.

3. Prospect Medical Holdings to pay $300M for Crozer-Keystone
Prospect Medical Holdings, a for-profit hospital operator based in Los Angeles, will pay $300 million to acquire Springfield, Pa.-based Crozer-Keystone Health System.

4. Cuba Memorial Hospital affiliates with Kaleida Health
Cuba (N.Y.) Memorial Hospital and Buffalo, N.Y.-based Kaleida Health entered into an affiliation agreement.

5. Oaklawn Hospital, Borgess Health partner to create new organization
Marshall, Mich.-based Oaklawn Hospital and Kalamazoo, Mich.-based Borgess Health Alliance created a new organization called THINK Health.

6. Visiting Nurse and Hospice for Vermont and New Hampshire to become Dartmouth-Hitchcock affiliate
The Visiting Nurse and Hospice for Vermont and New Hampshire approved an affiliation agreement with Lebanon, N.H.-based Dartmouth-Hitchcock.

More articles on healthcare industry transactions:

Kaufman Hall: Hospital M&A activity up 13% in Q1
5 recent hospital transactions and partnerships
5 imperatives to consider when starting a health conversion foundation

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