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8 cross-market health system mergers ranked by annual revenue
Some of the largest health system mergers and acquisitions over the two years have been cross-market transactions, a trend that is anticipated to gather momentum despite the Federal Trade Commission taking a firmer stance on deals that could potentially violate antitrust laws. -
Debt, cyberattack threaten Yale New Haven acquisition of Prospect hospitals
The CEO of Derby, Conn.-based Griffin Hospital warned Gov. Ned Lamont that the debt burden of the hospital's parent company, Prospect Medical Holdings, and a recent cyberattack could complicate a potential sale to Yale New Haven Health, CT Mirror reported Sept. 21. -
Pipeline Health to sell hospital, exit Texas
El Segundo, Calif.-based Pipeline Health has agreed a deal to sell White Rock Medical Center in Dallas to Heights Healthcare of Texas. The sale is expected to close on or before Oct. 2. -
CHOP, Lehigh Valley Health Network to affiliate
Children's Hospital of Philadelphia and Allentown, Pa.-based Lehigh Valley Health Network have inked an affiliation agreement to expand on their long-standing relationship. -
HCA subsidiary looks to complete Q4 buy of Texas system
Dallas-based Medical City Healthcare is edging closer to taking over Decatur, Texas-based Wise Health system, with the transaction due to close in the fourth quarter. -
Novant advances plans to take over North Carolina medical center
The takeover of Burgaw, N.C.-based Pender Medical Center by Novant Health, which plans to turn the facility into a community hospital, took a step forward when county commissioners voted unanimously to approve the transaction, according to a Sept. 18 report from NBC affiliate WECT6 News. -
Why Centura split and what's next
CommonSpirit Health and AdventHealth decided to disaffiliate in February, breaking up their joint venture Centura Health. -
Mercy finalizes deal to operate 17th critical access hospital
St. Louis-based Mercy has finalized a lease agreement to operate and manage the county-owned Perry County Memorial Hospital in Perryville, Mo., effective Oct. 1. -
AHA to FTC: 'Tread much more lightly'
The American Hospital Association has penned a 23-page letter asking the Federal Trade Commission and Justice Department not to finalize proposed adjustments to their merger guidelines. -
UF Health acquires Flagler Health+
UF Health, the University of Florida's academic health center in Gainesville, has completed the acquisition of St. Augustine, Fla.-based Flagler Health+, which will be renamed UF Health St. Johns. -
HCA to sell Indiana hospital
Terre Haute, Ind.-based Union Health will acquire Terre Haute Regional Hospital, which is part of Nashville, Tenn.-based HCA Healthcare. -
2 Wisconsin hospitals form a health system
Two Wisconsin community hospitals about 60 miles apart have joined forces to create a new system: Tamarack Health. -
Troubled Mercy Iowa City facility may not remain a hospital
Mercy Iowa City hospital, which is the subject of a takeover by the University of Iowa health system, may not remain as a hospital as bondholders seek to solicit other competitive bids from the likes of developers, according to a Sept. 12 The Gazette report. -
Hospital mergers becoming 'immune' to antitrust enforcement
Southern states such as Mississippi, North Carolina, South Carolina, Tennessee, Texas and Virginia have enacted laws that are paving the way for large hospital mergers, despite research indicating that lack of competition often leads to fewer services at higher costs, NC Newsline reported Sept. 7. -
CHS extends mental health treatment through partnership with population health expert
Franklin, Tenn.-based Community Health Systems, one of the largest for-profit health systems in the country, is expanding its treatment options for behavioral health patients by integrating services into a primary care setting. -
Froedtert, ThedaCare ink definitive agreement to form 18-hospital system
Milwaukee-based Froedtert and Neenah-based ThedaCare, two Wisconsin health systems, have signed a definitive agreement to merge into an 18-hospital system. -
AHA asks FTC to scrap proposed changes to premerger rules
The American Hospital Association wants the Federal Trade Commission to pull its proposed changes to premerger notifications under the Hart-Scott-Rodino Act, which requires organizations to report large transactions to the FTC and Justice Department for antitrust review. -
15 M&A transactions making headlines in August
Here is a summary of hospital and healthcare merger and acquisition-related transactions from August: -
Logan Health, Billings Clinic complete merger, map out integration strategy
Billings (Mont.) Clinic and Kalispell, Mont.-based Logan Health officially merged Sept. 1, with attention now turning to implementing a cohesive integration plan, according to the Daily Inter Lake. -
Doylestown Health closes $80.6M asset sale
Financially challenged Doylestown (Pa.) Health has finalized the sale of its Pine Run retirement community, selling it to Presbyterian Senior Living for $80.6 million.
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