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Methodist Healthcare acquires Texas rehabilitation hospital
San Antonio-based Methodist Healthcare has acquired San Antonio Rehabilitation Hospital from NewEra IRF Holdings, an integrated commercial real estate development and capital investment company. -
UMass Memorial Health acquires medical center
Worcester, Mass.-based UMass Memorial Health has acquired Milford (Mass.) Regional Medical Center and the Milford Regional Physician Group as part of a new corporate affiliation. -
Overlake officially joins MultiCare: 5 things to know
Bellevue, Wash.-based Overlake Medical Center & Clinics has officially joined Tacoma, Wash.-based MultiCare Health System. -
California governor vetoes bill clamping down on private equity healthcare deals
California Gov. Gavin Newsom vetoed a bill that would have given the state's attorney general the authority to review and veto private equity healthcare deals deemed bad for patients and consumers, NPR affiliate KQED reported Sept. 30. -
Henry Ford Health officially expands with Ascension Michigan: 7 things to know
Detroit-based Henry Ford Health and Ascension Michigan have officially launched their joint venture to improve healthcare access, experience and outcomes. -
Tenet completes sale of 5 Alabama hospitals: 6 things to know
Dallas-based Tenet Healthcare has completed the sale of its 70% majority ownership interest in Birmingham, Ala.-based Brookwood Baptist Health to Orlando (Fla.) Health. -
CHS sells 2 North Carolina hospitals
Iredell Health System acquired Davis Regional Psychiatric Hospital and Davis Regional Medical Center in Statesville, N.C., from Franklin, Tenn.-based Community Health Systems, effective Oct. 1. -
Connecticut governor nudges Prospect, Yale New Haven hospital deal forward
Connecticut Gov. Ned Lamont held a meeting the week of Sept. 16 with leaders of Los Angeles-based Prospect Medical Holdings and Yale New Haven (Conn.) Health to try and provide "tough love" to revive a stalled $435 million deal for Yale New Haven to take on three Prospect hospitals in Connecticut. -
OHSU files notice for Legacy merger: 7 things to know
Portland-based Oregon Health & Science University has filed a healthcare market oversight notice with the Oregon Health Authority that details plans to become an integrated, full-service public university health system with Portland, Ore.-based Legacy Health. -
Alabama city buys hospital for $3M
Jackson (Ala.) Medical Center will transition to public ownership on Oct. 1, The Clarke County Democrat reported Sept. 26. -
California county OKs $315M to buy, integrate HCA hospital into public system
Santa Clara (Calif.) County's board of supervisors voted unanimously to appropriate $315 million toward its efforts to acquire East San Jose, Calif.-based Regional Medical Center from HCA Healthcare and restore services, the San Jose Spotlight reported Sept. 24. -
When a health system acquires an independent hospital — 8 study findings
When an independent hospital is acquired by a multi-hospital health system, costs are generally reduced by cutting support staff and prices typically increase. Regardless of ownership status, hospitals tend to raise prices after acquisition, especially when joining a health system in the same market, but the effect on care quality still needs further investigation, according to a University of Pennsylvania study published Sept. 23 in the Journal of Political Economy Microeconomics. -
Deaconess Health to acquire Kentucky system
Hopkinsville, Ky.-based Jennie Stuart Health has signed a non-binding letter of intent to join Deaconess Health System, an 18-hospital system headquartered in Evansville, Ind. -
$180M bond deal to fund WoodBridge's acquisition of Pennsylvania system
Nonprofit organization WoodBridge Healthcare intends to use bond financing debt to acquire a three-hospital system in Pennsylvania from Community Health Systems, The Scranton Times-Tribune reported Sept. 23. -
Illinois system acquires 17th hospital
Katherine Shaw Bethea Hospital, an 80-bed facility in Dixon, Ill., has received approval to join Peoria, Ill.-based OSF HealthCare. -
Christus affiliate assuming operations of Steward Texas hospital
Christus Health Ark-La-Tex, part of Irving, Texas-based Christus Health, is assuming operations of Dallas-based Steward Health Care's Wadley Regional Medical Center in Texarkana, Texas. -
UHS sells 80-bed hospital to Texas system
San Angelo, Texas-based Shannon Medical Center has acquired River Crest Hospital from King of Prussia, Pa.-based Universal Health Services, a spokesperson for UHS confirmed to Becker's. -
Cross-market hospital M&A: Key issues and questions
For the past few decades, health systems have struggled to find ways to boost revenue amid growing financial stress. The pressure on hospitals has steadily built up over the years, especially in wake of the pandemic. The answer for many is to merge. -
7 health systems selling lab assets
Labcorp and Quest Diagnostics are snapping up lab assets from several health systems. Here are seven deals that Becker's has reported in 2024: -
St. Luke's in talks to acquire Grand View Health
Bethlehem, Pa.-based St. Luke's University Health Network is in talks to acquire Grand View Health in Sellersville, Pa., The Philadelphia Inquirer reported Sept. 16.
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