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7 recent hospital transactions and partnerships

The following healthcare mergers, acquisitions and general partnerships took place or were announced the week of April 10.

1. Financially struggling New Jersey medical center to be sold for $12.2M amid controversy
Officials said they plan to sell the financially struggling Secaucus, N.J.-based Meadowlands Hospital Medical Center for $12.2 million.

2. Liberty Medical Center completes affiliation agreement with Morris Hospital & Healthcare Centers
Morris, Ill.-based Liberty Medical Center finalized an affiliation agreement with Morris (Ill.) Hospital & Healthcare Centers.

3. Baylor Scott & White, AccentCare to form joint venture for home health
Dallas-based Baylor Scott & White Health and AccentCare, also in Dallas, signed a letter of intent to form a home health joint venture. 

4. UW Health, UnityPoint Health-Meriter finalize joint operating agreement
The Federal Trade Commission approved Madison-based University of Wisconsin Health's proposal to enter into a joint operating agreement with UnityPoint Health-Meriter, also in Madison.

5. Penn State Health pursues strategic partnership with 120-member Pennsylvania physician group
Penn State Health, the parent company of Penn State Health Milton S. Hershey (Pa.) Medical Center, and Lancaster, Pa.-based Physicians' Alliance revealed plans to embark on a strategic partnership. 

6. Rhode Island's largest health systems consider merger
Two of Rhode Island's largest health systems — Lifespan and Care New England, both in Providence, R.I. — are considering a potential merger.

7. Southwestern Medical Center to partner with SSM Health-owned hospital
Lawton, Okla.-based Southwestern Medical Center is teaming up with Oklahoma City-based St. Anthony's Hospital, a St. Louis-based SSM Health facility.

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