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Crouse won't look for a partner after failed merger attempt
Syracuse, N.Y.-based Crouse Hospital will survive independently and will not seek another partner after the failed merger attempt with SUNY Upstate University Hospital, its new CEO and president said. -
Healthcare mergers and acquisitions that made headlines in March
Here are 10 major hospital and healthcare merger and acquisition-related transactions from March: -
Carle adds 3 UnityPoint hospitals to its network
Carle Health has added three Peoria, Ill.-based UnityPoint Health – Central Illinois hospitals into its system. -
Nonprofit system to acquire Arkansas hospital from CHS
South Arkansas Regional Hospital has signed a definitive agreement to acquire El Dorado-based Medical Center of South Arkansas from subsidiaries of Community Health Systems. -
Methodist buys hospital in high-growth area
San Antonio-based Methodist Healthcare inked an agreement to buy Hill Country Memorial in Fredericksburg, Texas, the San Antonio Business Journal reported April 3. -
Sanford, Fairview delay merger again
Sioux Falls, S.D.-based Sanford Health and Minneapolis-based Fairview Health Services are again delaying their proposed merger, which would create a health system with more than 50 hospitals and 78,000 employees if approved, the Star Tribune reported April 3. -
U of Michigan Health's Sparrow acquisition closes, creates $7B system
The University of Michigan Health has officially acquired Lansing, Mich.-based Sparrow Health System to become a $7 billion health system with more than 200 sites of care, according to an April 3 news release shared with Becker's. -
Christus Health acquires 12-location cardiology group
After nearly two years of discussions, Irving, Texas-based Christus Health has acquired CardiaStream to create the largest cardiology group in East Texas, the Dallas Business Journal reported April 4. -
Community Health Systems completes $92M sale of West Virginia hospital
Franklin, Tenn.-based Community Health Systems completed a $92 million sale of Oak Hill, W.Va.-based Plateau Medical Center to Charleston, W.Va.-based Vandalia Health. -
Doylestown Health could be on verge of selling Pine Run retirement community
Doylestown (Pa.) Health is looking set to sell its Pine Run retirement community as it seeks to raise funds in a battle to become more financially secure. -
Wellstar to invest $800M in Augusta University Health System
The boards of Atlanta-based Wellstar Health System and Augusta (Ga.) University Health System approved a new affiliation that will see Wellstar invest $800 million in Augusta facilities over the next 10 years. -
PE firm inks 11-hospital real estate deal for $859M
Australian private equity firm HMC Capital has inked a $859 million deal to acquire 11 U.S. hospital properties from Birmingham, Ala.-based Medical Properties Trust, the Financial Review reported March 29. -
CVS Health closes Signify acquisition
CVS Health has completed its $8 billion acquisition of Signify Health, adding more than 10,000 clinicians to its network, the companies announced March 29. -
Pennsylvania health system said to be pondering merger
Washington (Pa.) Health System — one of only three independent health systems in the Pittsburgh area — may be considering a merger, the Pittsburgh Post-Gazette reported March 28. -
Mercy inks 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., with the organizations expected to integrate this fall. -
Insight acquires Iowa hospital that closed Oct. 1
Flint, Mich.-based Insight, a health network that includes two hospitals and multiple ASCs, has completed the acquisition of Blessing Health Keokuk (Iowa), which closed Oct. 1, according to ABC affiliate KHQA. -
10-hospital Catholic system to acquire Singing River Health System
Baton Rouge, La.-based Franciscan Missionaries of Our Lady Health System will work with the Jackson County Board of Supervisors to acquire Singing River Health System, which has hospitals in Ocean Springs, Pascagoula and Gulfport, Miss. -
CVS to close Signify Health deal this week
CVS Health plans to complete its $8 billion acquisition of Signify Health this week, closing out a definitive agreement reached in September 2022, the companies announced March 27. -
Texas hospital district to sell former hospital to highest bidder
The Jasper (Texas) Hospital District board voted to sell the former Dickerson Memorial Hospital and its associated properties, kjas.com reported March 22. -
Talks approved for U of Tennessee Medical Center to explore Blount Memorial takeover
The Blount County (Tenn.) Commissioners approved a resolution, 11 to 5, that will allow Mayor Ed Mitchell to enter talks with Knoxville-based University of Tennessee Medical Center concerning the future of Blount Memorial Hospital, NBC affiliate WBIR reported March 22.
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