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Atlantic Health to acquire Saint Peter's Healthcare
Morristown, N.J.-based Atlantic Health System and New Brunswick, N.J.-based Saint Peter's Healthcare System have signed a letter of intent to bring Saint Peter's into Atlantic Health's care network to expand care access. -
27 unwound, canceled hospital deals
At least two dozen hospital mergers, acquisitions, joint ventures, affiliations and partnerships were unwound or called off throughout the past 24 months. -
'Shrinking margin for error' in healthcare M&A: Bain
Healthcare mergers and acquisitions face a number of rising threats: high interest rates, regulatory probes and "macroeconomic uncertainty," to name a few. That means deals will need to be more thoughtful in 2024, according to a Jan. 30 article on Bain & Co.'s website. -
Panel to issue report on Dana-Farber-Beth Israel partnership
The Massachusetts Health Policy Commission on Jan. 25 called for further review of the proposed clinical affiliation between Dana-Farber Cancer Institute, Beth Israel Deaconess Medical Center, and Harvard Medical Faculty Physicians at BIDMC. -
Missouri AG says proposed KU Health merger violates state law
Missouri Attorney General Andrew Bailey has penned a letter complicating a proposed merger between Liberty (Mo.) Hospital and the Kansas City-based University of Kansas Health System, The Kansas City Star reported Jan. 25. -
FTC sues to block $320M Novant, CHS deal
The Federal Trade Commission said it is suing Winston-Salem, N.C.-based Novant Health in a move to block its $320 million acquisition of two North Carolina hospitals from Franklin, Tenn.-based Community Health Systems. -
Premier Health sells women's health building
Dayton, Ohio-based Premier Health has sold the building housing Center for Women's Health and Wellness in Mason, Ohio, for $4.2 million and has plans to relocate. -
Iowa health system acquires hospital
Mercy Iowa City will become part of the University of Iowa Health Care beginning Jan. 31, the Daily Iowan reported Jan. 24. -
'We must move now': Virginia system plans to buy Covenant hospital
The University of Vermont Medical Center in Burlington on Jan. 23 submitted a certificate-of-need application to the Green Mountain Care Board, seeking approval to buy the Fanny Allen campus for $17.3 million. -
'The big swing': Summa, HATCo leaders tout proposed acquisition
Marc Harrison, MD, CEO of General Catalyst's Health Assurance Transformation Corp., or HATCo, said one of the venture capital firm's goals is to put Akron, Ohio-based Summa Health "on a trajectory to become a forever organization for the community it serves." -
2024 a 'vigorous season' for hospital M&A
Healthcare merger and acquisition activity has been up and down over the last few years, with activity slow in the first three quarters of last year. However, 2024 will be a "vigorous season for M&A activity in healthcare," according to a Jan. 22 Grant Thornton report. -
HCA ramps up Texas M&A
In the last two months, HCA Healthcare has scooped up multiple hospitals, freestanding emergency departments and surgery centers in Texas. -
Jefferson Health, Crozer partner to grow neurological care
Philadelphia-based Jefferson Health has entered into a service agreement with Upland, Pa.-based Crozer Health to provide neurological care services in Pennsylvania's Delaware County. -
HCA acquires 2 Texas surgery centers
Surgery Ventures, operated by Nashville, Tenn.-based HCA Healthcare, has acquired majority stakes in two ambulatory surgery centers in North Texas and will manage day-to-day operations at both facilities, a spokesperson for the health system told Becker's. -
What's a 'Midwestern' health system, anyway?
A dozen states make up the Midwest, but many more Americans in neighboring states think they, too, are part of the region. -
Academic health systems are scooping up hospitals
Academic health systems are coming to the rescue of community hospitals through creative alignments, partnerships and acquisitions to ensure access to care. -
Mercy, Lifepoint ink joint venture to operate freestanding hospital
Mercy Health and Brentwood, Tenn.-based Lifepoint Health have completed a joint venture agreement to operate Rogers (Ark.) Rehabilitation Hospital, a 140-bed facility, which is now named Mercy Rehabilitation Hospital Northwest Arkansas. -
Montana health system partners with remote monitoring company
CareView Communications, a health IT company, is partnering with an unnamed Montana-based health system to expand its Pacific Northwest presence. -
Why General Catalyst says Summa Health purchase isn't 'another private equity deal'
General Catalyst's leaders said its proposed acquisition of Akron, Ohio-based Summa Health should not be "mischaracterized as another 'private equity' deal." -
UMass Memorial, Milford advance alliance
Milford (Mass.) Regional Medical Center and Worcester-based UMass Memorial Health have signed a definitive agreement for their affiliation.
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