The following hospital mergers, acquisitions and affiliations took place or were announced within the past week, beginning with the most recent.
1. Huntsville Hospital Health System announces affiliation with Curae Health
Huntsville (Ala.) Hospital Health System will join Curae Health, a new nonprofit health system that will include three hospitals in northwest Alabama, as part of a strategic affiliation agreement that was signed by both parties.
2. EvergreenHealth and Valley General Hospital commissioners approve final phase of alliance agreement
Monroe, Wash.-based Valley General Hospital will join EvergreenHealth as part of the third and final phase of an alliance agreement that has been approved by the boards of commissioners at both organizations.
3. Prime Healthcare to acquire St. Joseph Mercy Port Huron
Ann Arbor, Mich.-based Saint Joseph Mercy Health System — a member of Livonia, Mich.-based Trinity Health — entered into a definitive agreement to sell 164-bed St. Joseph Mercy Port Huron (Mich.) hospital to Ontario, Calif.-based for-profit hospital operator Prime Healthcare Services.
4. UC Irvine Health, Corona Regional Medical Center form affiliation
UC Irvine Health in Orange, Calif., and Corona (Calif.) Regional Medical Center — a subsidiary of King of Prussia, Pa.-based Universal Health Services — entered into an affiliation agreement to expand access to specialty healthcare services in Corona and its surrounding communities.
5. CHS to sell Dallas Regional Medical Center to Prime Healthcare
Franklin, Tenn.-based Community Health Systems signed a definitive agreement to sell Dallas Regional Medical Center in Mesquite, Texas, and its related outpatient services to Prime Healthcare Services.
6. Banner Health to acquire UA Health Network in January
The Tucson-based University of Arizona Health Network merger with Phoenix-based Banner Health is set to close on Jan. 31, 2015, making Banner the state's largest private employer.
More articles on healthcare industry transactions:
Sound Physicians to nearly double in size with Cogent Healthcare acquisition
Allegheny Health to close joint venture deal to grow hospice, home health network
M&A Playbooks: The good, the bad and the ugly