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Judge orders Tower Health to restart sale of 2 closed hospitals
A Pennsylvania Court of Common Pleas judge ordered Tower Health to restart the sale process of two now-shuttered hospitals to a Texas turnaround firm, The Daily Local reported Feb. 14. -
Northwestern Medicine purchases Hyatt hotel in Chicago
Northwestern Memorial HealthCare purchased the Hyatt Centric Hotel in Chicago in February to give patients and families an option to stay overnight when receiving care, a health system spokesperson told Becker's Feb. 14. -
Prospect Medical Holdings goes on hospital divestiture spree
Los Angeles-based Prospect Medical Holdings has inked deals to sell its seven hospitals in Connecticut and Pennsylvania. -
Signify to acquire Caravan for $250M
Dallas, Texas-based Signify Health, a value-based healthcare platform, agreed to acquire Kansas City, Mo.-based Caravan Health for $250 million. -
Prospect to sell Crozer to ChristianaCare
Wilmington, Del.-based ChristianaCare plans to acquire Springfield, Pa.-based Crozer Health from Los Angeles-based Prospect Medical Holdings after signing a letter of intent. -
Nonprofit Northern California hospitals to discuss affiliation
Fresno, Calif.-based Saint Agnes Medical Center and Madera (Calif.) Community Hospital have signed a nonbinding letter of intent to explore a potential affiliation, the Fresno Bee reported Feb. 9. -
Yale New Haven Health to acquire 2 Connecticut health systems
Yale New Haven (Conn.) Health System agreed Feb. 10 to acquire two Connecticut health systems from Los Angeles-based Prospect Medical Holdings. -
Viewpoint: Courts, FTC should consider underserved when approving healthcare mergers
Courts and the Federal Trade Commission should consider more than harm to competition when evaluating healthcare mergers; they should also consider the benefit to underserved communities, Phil Goldberg and Kateland Jackson of Shook, Hardy & Bacon wrote in a Bloomberg Law op-ed Feb. 9. -
Michigan health system joins Marshfield Clinic
Iron Mountain, Mich.-based Dickinson County Healthcare — a one-hospital system with several clinics — has finalized its affiliation agreement with Marshfield (Wis.) Clinic Health System. -
Hospital M&A update: 6 recent deals
Six transactions involving health systems and hospitals have been announced, finalized or called off in the last two weeks: -
MyMichigan Health adds 10th hospital, renames it
MyMichigan Health has added its 10th facility, War Memorial Hospital, in Sault Ste. Marie, Mich. -
City of Hope completes acquisition of Cancer Treatment Centers of America
Duarte, Calif.-based City of Hope now has one of the largest footprints in cancer research and treatment after it completed its acquisition of Cancer Treatment Centers of America, a network of oncology hospitals and outpatient centers. -
Centura to acquire 2 LifePoint hospitals
Centennial, Colo.-based Centura Health signed an asset purchase agreement to acquire two hospitals from Brentwood, Tenn.-based LifePoint Health: Colorado Plains Medical Center in Fort Morgan and Western Plains Medical Complex in Dodge City, Kan. -
Spectrum, Beaumont merger could mean higher costs, experts say
The merger between Grand Rapids, Mich.-based Spectrum Health and Southfield, Mich.-based Beaumont Health could mean higher costs for consumers, some experts say, Bridge Michigan reported Feb. 1. -
Spectrum, Beaumont build new health system launching Feb. 1
Grand Rapids, Mich.-based Spectrum Health and Southfield, Mich.-based Beaumont Health are partnering to create a new health system, temporarily called BHSH System, which will launch Feb. 1. -
CommonSpirit expands partnership with Arabian Healthcare Group
Chicago-based CommonSpirit Health is expanding its partnership with healthcare management and consulting firm Arabian Healthcare Group in the United Arab Emirates, according to a news release emailed to Becker's. -
Providence, Kaiser say conditions set by AG threaten partnership
Providence St. Mary Medical Center and Kaiser Permanente expressed disappointment with conditions set by the California attorney general on their proposed partnership that involves building a new hospital, The Victorville Daily Press reported Jan. 25. -
Chair wants Adventist Health to buy California hospital
Mike Nixon, chair of the Tehachapi (Calif.) Valley Healthcare District, wants Roseville, Calif.-based Adventist Health to buy a hospital owned by the district, Tehachapi News reported Jan. 23. -
5 recent health system deals by the numbers
Five deals between two health systems have been recently announced or completed in the last couple months. -
Encompass Health to spin off home health and hospice business: 3 details
Birmingham, Ala.-based Encompass Health will make its home health and hospice business into an independent, publicly traded company, named Enhabit Home Health & Hospice.
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