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Optum partners with 2nd healthcare system in a matter of days, adding almost 2,000 employees
Eden Prairie, Minn.-based Optum secured its second partnership agreement in a matter of days with a healthcare system to take over its revenue cycle management and information technology operations. -
UChicago Medicine, AdventHealth finalize joint venture
University of Chicago Medicine and AdventHealth began 2023 with closure of their joint venture, leaving UChicago Medicine with controlling interest in four AdventHealth hospitals in Illinois. -
Mountain Health, Marshall Health, Logan Regional partner on specialty care
Huntington, W.Va.-based Mountain Health Network, Huntington-based Marshall Health and Logan (W.Va.) Regional Medical Center are partnering to bring specialty care to Southern West Virginia. -
Hospital to shutter ED after joining WVU Medicine
Charleston, W.Va.-based Saint Francis Hospital will close its emergency department Feb. 1, FOX11 reported Jan. 6. -
UMass Memorial, Heywood Healthcare call off merger plans
Worcester, Mass.-based UMass Memorial Health and Gardner, Mass.-based Heywood Healthcare have called off merger plans, the Boston Business Journal reported Jan. 6. -
HCA's Medical City Healthcare in talks to acquire Wise Health System
Dallas-based Medical City Healthcare, a division of HCA Healthcare, is in exclusive acquisition talks with Decatur, Texas-based Wise Health System's board of directors. -
Excela, Butler finalize merger that creates $1B system
Butler (Pa.) Health System and Greensburg, Pa.-based Excela Health System have finalized their merger, creating a five-hospital system that will serve about 750,000 patients. -
Florida health system acquires behavioral center
Clearwater, Fla.-based BayCare Health System has finalized its acquisition of Tampa-based Northside Behavioral Health Center after seven years of managing the mental health center. -
LCMC Health clinches 3-hospital buy from HCA Healthcare
LCMC Health finalized its $150 million purchase of three hospitals from HCA Healthcare Jan. 3 after securing approval from the Louisiana Department of Justice. -
Charleston Area Medical Center acquires West Virginia hospital from Community Health Systems
Charleston (W.Va.) Area Medical Center, part of Vandalia Health, acquired Ronceverte, W.Va.-based Greenbrier Valley Medical Center from Community Health Systems Jan. 1, according to MetroNews. -
California hospital to close sooner than planned
Severe staffing shortages at Madera (Calif.) Community Hospital are forcing permanent closure sooner than expected, according to a report from ABC 30 Action News. -
Seattle Children's buys Providence HQ for $84M
Seattle Children's Hospital acquired the headquarters of Renton, Wash.-based Providence for $84 million, the Puget Sound Business Journal reported Dec. 28. -
Bankrupt clinic chain to auction off millions in assets
Bankrupt clinic chain Borrego Health will auction off millions of dollars worth of real estate, medical equipment and other property in January, the San Diego Union-Tribune reported Dec. 24. -
Wellstar set to acquire another Georgia health system
Augusta (Ga.) University Health System signed a letter of intent to join Marietta, Ga.-based Wellstar Health System. -
3 letters will make or break health system growth in 2023
Hospitals and health systems face a variety of short- and long-term challenges in the year ahead, and one can be summed up in just a few letters: the FTC. -
California hospital to close after Trinity sale called off
Madera (Calif.) Community Hospital plans to file for bankruptcy Jan. 3 and close within the month. -
Nonprofit health system deals in poor areas scrutinized by WSJ
The Wall Street Journal is monitoring nonprofit health systems and recently published an article scrutinizing where the largest systems are expanding and contracting. -
New Jersey hospital shifts to freestanding ER after Trinity, Capital Health transaction closes
St. Francis Medical Center in Trenton, N.J., on Dec. 21 transitioned to a freestanding emergency room that offers various outpatient services after Capital Health acquired the hospital from Trinity Health, according to PBS affiliate WHYY. -
Hospital consolidation continues: 12 M&As that grabbed headlines in 2022
Consolidation continued to take flight across the healthcare sector this year, with many hospitals and health systems pursuing mergers and acquisitions to scale and reduce costs, provide additional care services and strengthen their footprint in certain markets. -
2 Cleveland Clinic hospitals to merge urgent care centers
Cleveland Clinic Mercy Hospital and Cleveland Clinic Union Hospital in Dover, Ohio, plan to merge their urgent care centers in Tuscarawas County in the spring, according to the Times Reporter.
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