The following healthcare mergers, acquisitions, partnerships and general transactions took place or were announced during the past week.
1. Baptist Memorial among frontrunners to purchase, lease OCH Regional
The Oktibbeha County board of supervisors revealed Oct. 5 Memphis, Tenn.-based Baptist Memorial Health Care and Tupelo-based North Mississippi Health Services are among the frontrunners to purchase or lease Starkville, Miss.-based OCH Regional Medical Center.
2. UChicago, Northwestern and U of Illinois-Chicago partner to study emergency care
University of Chicago Medicine, Chicago-based Northwestern Memorial Hospital and the University of Illinois at Chicago will team up to conduct clinical trials to improve outcomes for patients with life-threatening emergencies.
3. KeyBanc Capital closes acquisition of Cain Brothers
Cleveland-based KeyBanc Capital Markets completed its acquisition of New York City-based investment banking and public finance firm Cain Brothers & Co. Oct. 2.
4. California State University, Dignity Health-Northridge to partner
California State University, Northridge named Dignity Health-Northridge (Calif.) Hospital Medical Center the university's first-ever "Community Health Partner of the CSUN Matadors" Oct. 4. The partnership will go into effect immediately.
5. Mayo Clinic, Oxford sign transatlantic partnership for medical research
Rochester, Minn.-based Mayo Clinic, the University of Oxford (U.K.) and the Oxford (U.K.) University Hospitals NHS Foundation Trust signed a trans-Atlantic agreement Oct. 3 to advance medical research and patient care.
6. Rush signs agreement to acquire Chicago hospital
Chicago-based Rush signed a nonbinding letter of intent to acquire Evergreen Park, Ill.-based Little Company of Mary Hospital Oct. 4.
7. Northwell Health acquires Orlin & Cohen Orthopedic Associates
New Hyde Park, N.Y.-based Northwell Health acquired Orlin & Cohen Orthopedic Associates, the largest private orthopedic practice in Long Island, N.Y.
8. Adventist Health buys $14.5M plot to connect subsidiary systems in Florida
Altamonte Springs, Fla.-based Adventist Health System purchased 103 acres in Florida's Polk County to extend and connect its Orlando and Tampa Bay, Fla.-based health systems.
9. Georgia hospital gets new management
Milledgeville, Ga.-based Oconee Regional Medical Center is now officially managed and owned by Macon, Ga.-based Navicent Health.
10. LifePoint divests Georgia hospital to Piedmont Healthcare
Brentwood, Tenn.-based LifePoint Health sold 138-bed Rockdale Medical Center in Conyers, Ga., to Atlanta-based Piedmont Healthcare.
11. Penn State Health completes integration of 100-member Pennsylvania physician group
Penn State Health, the parent company of Penn State Health Milton S. Hershey (Pa.) Medical Center, integrated approximately 100 physicians and other healthcare providers belonging to Lancaster, Pa.-based Physicians' Alliance into the health system Oct. 2.
12. Mon Health completes acquisition of Stonewall Jackson Memorial Hospital
Mon Health, a two-hospital system in Morgantown, W.Va., finalized its acquisition of Weston, W.Va.-based Stonewall Jackson Memorial Hospital Oct. 2.
13. Baptist Health South Florida, Bethesda Health finalize merger to form 10-hospital system
Miami-based Baptist Health South Florida completed its merger with Boynton Beach, Fla.-based Bethesda Health Oct. 1 after two and a half years of negotiations.
14. Kindred partially completes sale of SNF business for $108M
Louisville, Ky.-based Kindred Healthcare closed on the sale of a portion of its skilled nursing facility business to BM Eagle Holdings for $108 million Oct. 2.
15. CHS divests Texas hospital to HCA subsidiary
Franklin, Tenn.-based Community Health Systems completed its divestiture of 103-bed Weatherford (Texas) Regional Medical Center and its associated assets to Irving, Texas-based Medical City Healthcare Oct. 1.
16. Global Medical REIT closes on $40.65M acquisition of Seton Healthcare, Kindred joint venture
Global Medical REIT, a Bethesda, Md.-based company engaged in the acquisition and leasing of healthcare facilities, closed on a $40.65 million deal to purchase Austin, Texas-based Central Texas Rehabilitation Hospital Sept. 25.
17. Bergen Regional rebrands under new management
Nonprofit Paramus, N.J.-based Care Plus Bergen assumed management of Bergen Regional Medical Center, also in Paramus, Oct. 1. Bergen Regional also rebranded as New Bridge Medical Center.
18. Lakeland Regional Health, Orlando Health affiliate
Lakeland (Fla.) Regional Health affiliated with Orlando (Fla.) Health Oct. 1 to establish an integrated healthcare system.
19. Steward Health Care becomes private hospital operator of 36 hospitals following Iasis acquisition
Boston-based Steward Health Care completed its acquisition of Iasis Healthcare, an 18-hospital system in Franklin, Tenn., Sept. 29.
20. Quorum Health sells 2 Pennsylvania hospitals
Brentwood, Tenn.-based Quorum Health, the 32-hospital spinoff of Community Health Systems, sold two Pennsylvania hospitals to Williamsport, Pa.-based UPMC Susquehanna.
21. CHS completes divestiture of 5 Pennsylvania hospitals
Community Health Systems finalized its divestiture of five Pennsylvania hospitals to West Reading, Pa.-based Tower Health — formerly Reading Health System — Oct. 1.