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5 recent hospital transactions and partnerships

The following hospital mergers, acquisitions and general transactions took place within the past week, beginning with the most recent.

1. Duke LifePoint finalizes Conemaugh acquisition
Brentwood, Tenn.-based Duke LifePoint Healthcare completed its acquisition of Conemaugh Health System in Johnstown, Pa.

2. Lodi Memorial to join Adventist
Lodi (Calif.) Health signed a letter of intent to form an affiliation with Roseville, Calif.-based Adventist Health.

3. Franklin Community, MaineHealth merger gets state approval
Maine's Department of Health and Human Services approved Farmington, Maine-based Franklin Community Health Network's proposed partnership with Portland-based MaineHealth.

4. Northwestern Memorial HealthCare, Cadence Health finalize merger
Chicago, Ill.-based Northwestern Memorial Healthcare and Winfield, Ill.-based Cadence Health completed the agreement that expands Northwestern Medicine, a fully integrated health system.

5. Hudson Valley Hospital to pursue partnership with NewYork-Presbyterian
The board of Hudson Valley Hospital Center in Cortlandt Manor, N.Y., voted to pursue a partnership with NewYork-Presbyterian Hospital in New York City.

More articles on transaction and valuation issues:
Mount Sinai Health, Crystal Run Healthcare form alliance 
St. Luke's, Weiser Memorial consider integration 
North Shore-LIJ joins Cleveland Clinic's Cardiovascular Specialty Network 

 

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