The following healthcare mergers, acquisitions and general transactions took place or were announced within the past week.
1. PinnacleHealth, Hershey Medical Center merger moves forward
The Penn State Board of Trustees approved a proposal to combine Penn State Milton S. Hershey (Pa.) Medical Center and Harrisburg, Pa.-based PinnacleHealth System to form a new health enterprise under the umbrella of Penn State Health.
2. UC San Diego in partnership talks with Eisenhower Medical Center
UC San Diego Health System and Eisenhower Medical Center in Rancho Mirage, Calif., are pursing a partnership deal.
3. Banner Health to buy another Arizona hospital
Phoenix-based nonprofit Banner Health signed a letter of intent to purchase Mogollon Health Alliance, which operates Payson (Ariz.) Regional Medical Center.
4. Tenet-United Surgical Partners JV: Tenet to take control of USPI over 5 years
Dallas-based Tenet Healthcare signed a definitive agreement to form a joint venture with United Surgical Partners International to create the largest provider of ambulatory surgery in the U.S.
5. New California network mimics Kaiser's approach
UCSF Medical Center in San Francisco and Walnut Creek, Calif.-based John Muir Health finalized an affiliation agreement, created a jointly owned network and set their sights on developing a health insurance plan.
6. Silverton Health in partnership talks with Legacy Health
Silverton (Ore.) Health is beginning affiliation discussions with Legacy Health in Portland, Ore.
7. 5 rural hospitals form collaborative in Maine
Five rural hospitals in Maine teamed up to form the Maine Rural Health Collaborative, which will help the organizations face challenges presented by the shifting healthcare landscape and rural patient population.
8. Memorial Hospital and Guthrie to affiliate April 1
Memorial Hospital in Towanda, Pa., will be affiliated with Guthrie, a three-hospital system based in Sayre, Pa., as of April 1.
9. Benefis to purchase Teton Medical Center for $500k
Teton Medical Center in Choteau, Mont., will be sold to Great Falls, Mont.-based Benefis Health System for $500,000.
10. Scripps Health purchases Imaging Healthcare Specialists
La Jolla, Calif.-based Scripps Health signed a purchase agreement with Imaging Healthcare Specialists, a network of ambulatory radiology centers with eight locations across San Diego and Riverside counties.
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5 top billion-dollar-plus healthcare deals in 2015
Prime CEO: Abandoning deal wasn't about putting profit first