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Covenant Health scraps health system acquisition
Tewksbury, Mass.-based Covenant Health has called off its plan to acquire Day Kimball Healthcare, a health system based in Putnam, Conn., The Connecticut News Project reported March 14. -
3-hospital system for sale receives multiple bids
Multiple proposals have been submitted by companies seeking to buy Singing River Health System, with the Jackson County Board of Supervisors setting a deadline of April 14 to select the best bid and begin negotiations with that group, according to the Sun Herald. -
SUNY Upstate spent $10M on consultants amid failed merger: Report
Syracuse, N.Y.-based SUNY Upstate University Hospital spent $10 million bringing in outside consultants to advise on the now-failed merger with Syracuse-based Crouse Health, syracuse.com reported March 13. -
Public has until end of March to comment on planned Parkview acquisition by UCHealth
The planned acquisition of Pueblo, Colo.-based Parkview Health System by UCHealth is now entering the public comment stage with a deadline for such comments of March 31, the Pagosa Daily Post reported March 13. -
UPMC completes acquisition of Ireland hospital
Pittsburgh-based UPMC has completed the acquisition of Sports Surgery Clinic, an independent hospital specializing in orthopedic surgery in Dublin, Ireland. -
Minnesota attorney general issues subpoenas as Sanford-Fairview merger talks inch forward
Minnesota Attorney General Keith Ellison has issued subpoenas to Sioux Falls, S.D.-based Sanford Health, its CEO Bill Gassen confirmed at a March 8 state Senate hearing. Mr. Ellison's investigation into Sanford's proposed merger with Minneapolis-based Fairview Health Services has entered a new phase — one that requires sworn statements from certain individuals involved, MPR News reported. -
Beth Israel Lahey Health and Exeter Health combination inching forward
The long-awaited combination of Cambridge, Mass.-based Beth Israel Lahey Health and Exeter (N.H.) Health Resources has taken another step forward after a public meeting earlier this month, according to a March 7 report in The Salem News. -
Fairview, Sanford say university can take hospital back, but details still unclear
Ahead of their proposed merger, Fairview Health Services and Sanford Health have offered to return Minneapolis' east and west bank hospitals to the University of Minnesota — but the details of that transaction remain unclear, according to the Star Tribune. -
CarolinaEast Health ends affiliation with UNC Health
New Bern, N.C.-based CarolinaEast Health System is ending its partnership with Chapel Hill, N.C.-based UNC Health on March 31, the New Bern Sun Journal reported March 6. -
Healthcare M&A carries on strong momentum into February: 12 transactions to note
Here are 12 major hospital and healthcare merger and acquisition-related transactions from February: -
Presbyterian Healthcare and UnityPoint unite: How an $11B merger unfolded
Clay Holderman, CEO of UnityPoint Health, and Dale Maxwell, CEO of Presbyterian Healthcare Services, had been talking for a while about seeking partnerships with other health systems when it finally dawned on them they should be talking to each other about a possible merger between their two organizations. -
Presbyterian Healthcare, UnityPoint Health to explore possible merger
Albuquerque, N.M.-based Presbyterian Healthcare Services and West Des Moines, Iowa-based UnityPoint Health are exploring the possibility of a merger that could result in an approximately $11 billion entity. -
Lifepoint acquires 4 inpatient rehab facilities
Brentwood, Tenn.-based Lifepoint Health has acquired four inpatient rehabilitation facilities from Dallas-based Everest Rehabilitation Hospitals. -
Iowa health systems combine
Davenport, Iowa-based Genesis Health System is now part of MercyOne, the West Des Moines, Iowa-based subsidiary of Trinity Health. -
The FTC could come for 'cross-market' hospital mergers next
Several mergers between health systems in different states closed in the last year, with more "megamergers" anticipated to come as large systems pursue further economies of scale amid challenging financial headwinds, according to McDermott Will and Emery's "Hospitals and Health Systems 2023 Outlook." -
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.
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