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ProMedica committed to working with Coldwater hospital buyer, but there's no plan B
While Toledo, Ohio-based ProMedica says it is fully on board with a proposal for Los Angeles-based American Healthcare Systems to buy its Coldwater (Mich.) Regional Hospital, there is little to fall back on if the planned deal fails to get over regulatory hurdles, according to a July 14 The Daily Reporter article. -
Delayed UCHealth, Parkview merger still expected to close in 2023
Aurora, Colo.-based UCHealth and Pueblo, Colo.-based Parkview Health System said July 12 they were delaying their tie-up because of unresolved "regulatory matters." -
9 recent hospital and health system M&A updates
From the delay of UCHealth and Parkview's proposed combination, to Aspirus Health and St. Luke's signing a letter of intent to affiliate, here are nine hospital and health system mergers and acquisitions updates Becker's reported since July 5: -
Health system M&A bounces back to pre-pandemic levels: Report
Hospital and health systems transactions returned to pre-pandemic levels in the second quarter of 2023, according to a July 13 report from Kaufman Hall. -
UCSF in talks to acquire 2 Dignity Health hospitals
UCSF Health is in talks with Dignity Health to acquire the system's clinical presence in San Francisco, including St. Mary's Medical Center, Saint Francis Memorial Hospital and associated outpatient and urgent care clinics. -
Physicians in private practice drops to 46.7%
The number of physicians in private practice dropped 13 percentage points over the last decade while the number of physicians working in practices with at least some hospital or health system ownership jumped 8 percentage points, according to a new report from the American Medical Association. -
Vermont system joins Dartmouth Health
Southwestern Vermont Medical Center in Bennington has joined Lebanon, N.H.-based Dartmouth Health, now a six-hospital system. -
California attorney general approves Beverly Hospital sale to American Healthcare Systems
Los Angeles-based American Healthcare Systems, which has been busy buying up hospitals this year, took a big step forward with its proposed acquisition of Montebello, Calif.-based Beverly Community Hospital after the California attorney general conditionally approved the transaction July 7. -
2 health systems selling off labs
Two financially challenged health systems have recently said they want to sell some of their laboratory assets to Burlington, N.C.-based Labcorp in a bid to help ease such issues. -
Aspirus Health and St. Luke's Duluth to combine to form 19-hospital system
Wausau, Wis.-based Aspirus Health and Duluth, Minn.-based St. Luke's have signed a letter of intent to affiliate and jointly serve patients in their home states and Michigan, according to a July 12 release. -
Alaska hospital set to buy bone and joint center for $8M
Municipal officials in Juneau, Alaska, approved the appropriation of $8.1 million for Bartlett Regional Hospital to purchase the property and buildings that currently house Juneau Bone and Joint Center, Juneau Empire reported July 11. -
Christus Health takes out $240M in loans to help finance acquisitions
Irving, Texas-based Christus Health said it has taken out a total of $240 million in loans to help it fund acquisitions, according to a July 10 filing. -
UVA Health gaining 5% ownership stake in Riverside Health System as part of new alliance
Charlottesville, Va.-based UVA Health and Newport News, Va.-based Riverside Health System are forming an alliance to increase access to innovative care for complex medical conditions and clinical trials. -
Alaska system acquires nursing home
Bartlett Regional Hospital in Juneau, Alaska, has completed the acquisition of Wildflower Court, a nursing home that has served the community since 1977. -
Health system to expand Illinois hospital after $23.5M acquisition
After acquiring Waukegan, Ill.-based Vista Medical Center East, American Healthcare Systems is looking to add new services to the hospital, the Chicago Tribune reported July 7. -
Louisiana system can integrate 3 hospitals while FTC case plays out
A New Orleans federal judge is looking for a speedy resolution to the legal dispute between LCMC Health and the Federal Trade Commission that centers around the health system's acquisition of three Tulane University hospitals from Nashville, Tenn.-based HCA Healthcare in January, nola.com reported July 6. -
2-hospital system to join URMC August 1
Finger Lakes Health, a two-hospital system headquartered in Geneva, N.Y., will join the University of Rochester Medical Center Aug. 1. -
Baylor Scott & White adds 41 urgent care clinics to network
Forty-one urgent care clinics across Texas will join Dallas-based Baylor Scott & White's network through a new partnership with NextCare Urgent Care. -
13 healthcare mergers and acquisitions making headlines in June
Here is a summary of hospital and healthcare merger and acquisition-related transactions from June: -
Benefis Health acquires Montana hospital
Great Falls, Mont.-based Benefis Health System has acquired Missouri River Medical Center in Fort Benton.
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