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Flagler Health+ explores joining another system
St. Augustine, Fla.-based Flagler Health+ announced that the board of trustees and leadership team began a formal process to explore joining a 'like-minded health system,' according to an Aug. 9 press release from the organization. -
TikTok parent buys 7-hospital chain in China for $1.5B
Beijing-based social media giant ByteDance has acquired one of China's largest private hospital chains for about $1.5 billion, according to an Aug. 9 report from Bloomberg. -
Temple Health and partners to buy hospital from Tower Health
Three nonprofit hospitals have partnered to purchase Philadelphia-based Chestnut Hill Hospital, The Philadelphia Inquirer reported Aug. 8. -
U of Iowa Health Care offered $605M to buy Mercy Iowa City
Mercy Iowa City was offered $605 million by University of Iowa Health Care last year for ownership of the hospital, The Gazette reported Aug. 5. -
Crozer Health might not be sold: report
Prospect Medical Holdings is less interested in selling Springfield, Pa.-based Crozer Health, according to an Aug. 4 report from The Philadelphia Inquirer. -
West Virginia health systems to cut ties over EHR vendor choice
Davis Health System began a clinical affiliation with WVU Medicine in 2019. The health systems are ending the partnership Aug. 8, according to The Inter-Mountain. -
Mississippi health system merges with Ochsner
Meridian, Miss.-based Rush Health Systems, a seven-hospital system, has merged with New Orleans-based Ochsner Health as of Aug. 1. -
Mercy Iowa City ends search for new partner
Mercy Iowa City (Iowa) announced it has abandoned plans to exit its four-year affiliation with the statewide MercyOne health network to integrate into a more extensive healthcare system. According to a July 28 report from The Gazette, the only community hospital in Iowa City was unsuccessful in its search for a replacement partner and will remain with MercyOne. -
CHS sells Oklahoma hospital
Franklin, Tenn.-based Community Health Systems has sold AllianceHealth Seminole (Okla.) to SSM Health Oklahoma, according to a July 28 filing with the Securities and Exchange Commission. -
Princeton Community Hospital to join West Virginia University Health System
The Princeton (W.Va.) Community Hospital Association approved an agreement with the West Virginia University Health System to fully integrate into the WVU Health System, according to a July 28 announcement from the city of Princeton board of directors. -
Palm Medical Centers inks deal for 23rd healthcare facility
Miami-based Palm Medical Centers has reached an agreement with Saurinkumar Shah, MD, to purchase the assets of Trinity Family Health Care Center, which he owns and operates in Port Richey. -
Real estate investment trust acquires Florida rehabilitation hospital for $51.2M
Sila Realty Trust announced the acquisition of the Tampa (Fla.) General Hospital Rehabilitation Hospital for a price of $51.2 million, excluding acquisition costs, in a July 21 press release. -
Orlando Health to acquire Medical Center Radiology Group
Orlando (Fla.) Health announced it will acquire Medical Center Radiology Group, effective Oct. 1. -
FTC poised to thwart more hospital mergers
The Federal Trade Commission's new majority is primed to more aggressively combat consolidation in the healthcare industry after successfully challenging four hospital mergers, according to a July 18 report from the Kaiser Family Foundation. -
Healthcare Realty shareholders approve merger with Healthcare Trust of America
Nashville, Tenn.-based Healthcare Realty Trust announced July 15 that its shareholders approved the merger proposal with Healthcare Trust of America, according to a press release. -
Why Atrius chose Optum
Auburndale, Mass.-based Atrius Health and Optum, the provider arm of UnitedHealth Group, benefit from a mutual relationship; according to the Boston Globe, Atrius’s model was a shining example of what healthcare could be. -
ChristianaCare buys shuttered Pennsylvania hospital; no timeline for reopening it
ChristianaCare has purchased West Grove, Pa.-based Jennersville Hospital from Tower Health but has not revealed when it will reopen the facility that was closed in December. -
Kaufman Hall releases Q2 report on hospital M&A: 8 things to know
Kaufman Hall released its second-quarter report following hospital mergers and acquisitions July 13. -
Hospital M&A: 9 recent deals
Several hospitals and health systems are pursuing merger and acquisition deals, and a few transactions have been called off in recent months. -
Cross-market health system mergers are becoming the norm
More hospitals and health systems are seeking cross-market mergers, according to Fitch Ratings' second-quarter report.
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