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55-bed hospital joins WVU Health System
Oakland, Md.-based Garrett Regional Medical Center joined West Virginia University Health System on July 1. -
Healthcare Realty Trust to sell $1.1B in assets
Nashville, Tenn.-based Healthcare Realty Trust reported progress regarding its strategic combination with Scottsdale, Ariz.-based Healthcare Trust of America in a July 8 press release. The transaction consideration includes a 1:1 stock exchange ratio and a special cash dividend of $4.82 per share to HTA shareholders, which totals $1.1 billion. -
Methodist Hospital of Southern California joins Keck Medicine of USC
Keck Medicine of the University of Southern California announced that Methodist Hospital of Southern California in Arcadia, is now part of Keck Medicine and will be known as USC Arcadia Hospital. -
New Hampshire system to join Beth Israel Lahey Health
Exeter (N.H.) Health Resources and Cambridge, Mass.-based Beth Israel Lahey Health signed a definitive agreement on June 30 to establish terms under which Exeter would join BILH. -
California hospital purchase closer to reality with $25M from state
Watsonville (Calif.) Community Hospital has moved a step closer to returning to community ownership after securing $25 million from the state of California. -
UofL Health partners with Carroll County Memorial Hospital to boost care access
Louisville, Ky.-based UofL Health and Carrollton, Ky.-based Carroll County Memorial Hospital have teamed up with two big goals in mind: improving access to care and specialty resources close to home, UofL News reported June 28. -
Mayo Clinic Care Network adds 2 Indiana health systems
Greenfield, Ind.-based Hancock Healthcare and Danville, Ind.-based Hendricks Regional Healthcare have joined the Mayo Clinic Care Network. -
Shareholder looks to block $18B healthcare REIT merger
Healthcare Realty Trust shareholder Land & Buildings announced in a June 16 investor presentation press release shared with Becker's that it intends to vote against Healthcare Realty Trust's acquisition of Healthcare Trust of America, citing that it fails to maximize value for all Healthcare Realty Trust shareholders. -
Inova, Select Medical ink joint venture
Mechanicsburg, Pa.-based Select Medical Corp., and Falls Church, Va.-based Inova Health System announced a joint venture on June 23 to own and operate the first critical illness recovery hospital in Northern Virginia. -
Bankruptcy court approves sale of Pennsylvania hospital
After three years of delay, the U.S. Bankruptcy Court for the Eastern District of Kentucky issued an order allowing the sale of the former Ellwood City (Pa.) Medical Center. -
$23B in healthcare megadeals this year
Two healthcare megadeals — those valued at $5 billion or more — have been announced this year, according to a PwC report released June 23. -
TMC Health scraps plan to buy Arizona hospital
Tucson, Ariz.-based TMC Health has ended its bid to buy Santa Cruz Valley Regional Hospital in Green Valley, Ariz., Green Valley News reported June 17. -
HCA, Steward make for 2nd called-off hospital deal within days of FTC challenge
HCA Healthcare and Steward Health Care System have abandoned their proposed deal involving five Utah hospitals. The decision comes 13 days after the Federal Trade Commission challenged the transaction. -
Michigan bill could ease private purchases of community hospitals
The Michigan Senate unanimously passed a House measure that would streamline the process for private companies to buy community hospitals, MiBiz reported. -
ChristianaCare to buy shuttered hospital from Tower Health
Wilmington, Del.-based ChristianaCare plans to buy a shuttered hospital from West Reading, Pa.-based Tower Health. -
New Jersey health systems cancel merger
Two New Jersey health systems — Saint Peter's Healthcare System and RWJBarnabas Health — have terminated a definitive agreement to merge. -
New York health systems urged to lift secrecy surrounding potential merger
Two New York state senators are asking SUNY Upstate Medical University and Crouse Health to lift the secrecy of their proposed merger, syracuse.com reported June 14. -
Pennsylvania health system merger would create regional giant
The proposed merger between Butler (Pa.) Health System and Greensburg, Pa.-based Excela Health presents both health systems with opportunities for revenue growth, the Pittsburgh Post-Gazette reported June 13. -
Hospital mergers and acquisitions: 6 recent updates
Several mergers and acquisitions were recently announced, advanced or halted. Becker's has reported on the following six developments since June 1. -
Board approves $92M sale of 2 Illinois hospitals
The Illinois State Health Facilities and Services Review Board voted 6-0 on June 7 to allow El Segundo, Calif.-based Pipeline Health to sell two Illinois hospitals to Michigan-based Resilience Healthcare for $92 million, the Chicago Tribune reported.
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