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HCA subsidiary to acquire 3-hospital system in Texas
Dallas-based Medical City Healthcare, a division of HCA Healthcare, is advancing talks to acquire Wise Health System, a three-hospital system headquartered in Decatur, Texas, according to the Fort Worth Star-Telegram. -
Community Health Systems, Novant ink dual-hospital sale
Franklin, Tenn.-based Community Health Systems has signed a definitive agreement to sell two hospitals to Winston-Salem, N.C.-based Novant Health. -
Grand View Health, Doylestown Health form deeper alliance
Sellersview, Pa.-based Grand View Health said it has formed an alliance with Doylestown (Pa.) Health to "deepen" the relationship between the two systems. -
ProMedica strikes $710M deal to sell hospice, home-care assets
Toledo, Ohio-based ProMedica has agreed to sell its hospice and home-care business to Gentiva, a hospice company backed by Humana and private equity firm Clayton Dubilier & Rice, according to a Feb. 27 Bloomberg report. -
Little Company of Mary Sisters passes Indiana hospital to Deaconess
Memorial Hospital and Health Care Center, based in Jasper, Ind., has signed a letter of intent to affiliate with Evansville, Ind.-based Deaconess Health System, the Dubois County Free Press reported Feb. 21. -
Blount Memorial CEO hits back at mayor's call to have U of Tennessee run hospital
Blount (Tenn.) Memorial Hospital CEO Harold Naramore, MD, is accusing Blount County Mayor Ed Mitchell of interfering in hospital operations after the mayor proposed Knoxville-based University of Tennessee Medical Center take over operations of the hospital, NBC affiliate WBIR reported Feb. 17. -
New York hospitals scrapping merger is 'good news for patients and healthcare workers,' FTC says
The Federal Trade Commission has welcomed the State University of New York Upstate Medical University and Crouse Health System's decision to abandon their proposed merger, which it said would have left Syracuse with just two hospital systems — Upstate and St. Joseph's Health — and given the combined entity a 67 percent share of commercially insured inpatient services in Onondaga County. -
Logan Health, Billings Clinic pursuing merger
Kalispell, Mont.-based Logan Health, a six-hospital system, and Billings Clinic have inked a letter of intent to explore merging into one independent health system to improve healthcare access, service and quality in Montana and northern Wyoming. -
Mayor asks U of Tennessee to take over Blount County Memorial
Blount County, Tenn., Mayor Ed Mitchell will ask the Blount County Board of Commissioners to transfer operations ownership of Blount County Memorial Hospital to Knoxville-based University of Tennessee Medical Center, The Daily Times reported Feb. 15. -
Steward to sell 5 hospitals to CommonSpirit
CommonSpirit Health will acquire Steward Health Care's sites of care in Utah, which will then be managed by Centura Health, the systems announced Feb. 15. -
AtlantiCare inks joint venture to operate new hospital, 13 physical therapy centers
Atlantic City, N.J.-based AtlantiCare, a two-hospital system, and Select Medical have forged a joint venture to own and operate a new inpatient rehabilitation hospital in Galloway Township, N.J., and 13 outpatient physical therapy facilities in southeastern New Jersey. -
UHS, LVHN team up for behavioral health joint venture in Pennsylvania
Pennsylvania-based health systems Lehigh Valley Health Network and Universal Health Services have partnered to build a behavioral health hospital in the state's Hanover Township. -
Long-awaited merger between Exeter Health, Beth Israel Lahey now subject to AG public hearing
The long-awaited merger between Exeter (N.H.) Health Resources and Cambridge, Mass.-based Beth Israel Lahey Health is now subject to a public meeting with the New Hampshire attorney general, according to a Feb. 13 seacoastonline.com report. -
21 called-off hospital deals
More than a dozen hospital mergers, acquisitions, joint ventures, affiliations and partnerships were unwound or called off throughout the past 21 months. -
Former General Mills CEO: Rushing Sanford, Fairview merger is a 'fool's errand'
Ken Powell — the former CEO of processed-food giant General Mills and chair of the University of Minnesota's board of regents — has called upon Sanford Health and Fairview Health Services to slow down their proposed merger, the Star Tribune reported. -
Tower Health, Penn Medicine call off alliance
Financially troubled Tower Health and Philadelphia-based Penn Medicine have decided to no longer pursue their strategic alliance, the two systems said in a Feb. 10 filing. -
Merger oversight bills indicate government's waning trust in healthcare, Minnesota hospitals say
The Minnesota Hospital Association is speaking out against a proposed law that would increase the state's oversight of hospital and health system mergers. -
UAB Health to absorb nonprofit, community health system
The Health Care Authority of the City of Anniston (Ala.) has signed a letter of intent for RMC Health System to become an affiliate of Birmingham, Ala.-based UAB Health System. -
Providence to expand ASC network in deal with Tenet affiliate
Providence plans to expand its network of ASCs by deepening its partnership with Tenet-affiliate United Surgical Partners International. -
Hospital mergers meet a new major player: state governments
Health systems are looking to combine their resources through mergers and acquisitions as financial challenges plague the industry. Now, state lawmakers want a hand in the deal.
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