The following healthcare mergers, acquisitions, partnerships and general transactions took place or were announced during the past month.
1. Care New England may not finalize sale of Memorial Hospital until 'well into 2018'
Providence, R.I.-based Care New England officials said a complicated negotiation process has extended the timeline of Pawtucket, R.I.-based Memorial Hospital's sale to Ontario, Calif.-based Prime Healthcare Foundation.
2. MidMichigan Health, West Branch Regional Medical Center to affiliate
Midland-based MidMichigan Health entered into an affiliation with West Branch (Mich.) Regional Medical Center Sept. 28.
3. Texas A&M buys 18-story office building near Texas Medical Center for engineering, medical school partnership
College Station-based Texas A&M University System board of regents approved the purchase of an 18-story office building across from Houston-based Texas Medical Center Sept. 27.
4. Louisiana women's hospital, cancer center partner to create cancer pavilion
Woman's Hospital and Mary Bird Perkins Cancer Center, both in Baton Rouge, La., are teaming up to make cancer care more accessible to women across the state.
5. Massena Memorial Hospital affiliation talks on hold
Massena (N.Y.) Memorial Hospital CEO Robert G. Wolleben said affiliation talks with two health systems were put on hold.
6. Meridian Behavioral Health Systems completes purchase of West Virginia hospital
Brentwood, Tenn.-based Meridian Behavioral Health Systems completed its acquisition of Charleston, W.Va.-based HHA, parent company of Charleston-based Highland Hospital, Sept. 27.
7. Cortland Regional Medical Center, Guthrie to explore affiliation
Cortland (N.Y.) Regional Medical Center, a 162-bed hospital, and Guthrie, a four-hospital system in Sayre, Pa., signed a nonbinding letter of intent to explore a definitive affiliation Sept. 27.
8. HealthSouth, University Medical Center to build 40-bed Texas hospital through joint venture
Birmingham, Ala.-based HealthSouth and Lubbock, Texas-based UMC Health System entered into a joint venture agreement Sept. 25.
9. Ochsner to continue management of St. Bernard Parish Hospital
New Orleans-based Ochsner Health System signed an extended agreement allowing the health system to continue management of Chalmette, La.-based St. Bernard Parish Hospital.
10. Court approves sale of bankrupt North Carolina hospital
A judge has allowed Morehead Memorial Hospital, a 108-bed nonprofit hospital in Eden, N.C., that filed for Chapter 11 bankruptcy in July, to begin selling off its assets.
11. 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.
12. 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.
13. 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.
14. 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.
15. 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.
16. 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.
17. 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.
18. 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.
19. Georgia hospital gets new management
Milledgeville, Ga.-based Oconee Regional Medical Center is now officially managed and owned by Macon, Ga.-based Navicent Health.
20. 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.
21. 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.
22. 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.
23. 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.
24. 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.
25. 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.
26. 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.
27. 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.
28. Lakeland Regional Health, Orlando Health affiliate
Lakeland (Fla.) Regional Health affiliated with Orlando (Fla.) Health Oct. 1 to establish an integrated healthcare system.
29. 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.
30. 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.
31. 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.
32. Jefferson, Monell Center sign letter of intent to merge
Philadelphia-based Jefferson university (Philadelphia University + Thomas Jefferson University) signed a letter of intent to merge with the Monell Center, an independent nonprofit scientific institute dedicated to the interdisciplinary research on the senses of taste and smell, also based in Philadelphia, Oct. 12.
33. Arizona medical centers merge under Summit Health name
Fifty-one Arizona medical providers currently affiliated with Peoria-based Arizona Primary Care Physicians will form a new physicians group — Summit Medical Group Arizona — under a partnership agreement with Summit Health Management of New Jersey.
34. Tenet sells hospital to Loyola with eye on exiting Chicago market
Dallas-based Tenet Healthcare reached a definitive agreement to sell MacNeal Hospital, a 368-bed community hospital in Berwyn, Ill., and its affiliated operations to Chicago-based Loyola Medicine.
35. CoxHealth to acquire Missouri hospital
CoxHealth, a five-hospital system in Springfield, Mo., signed a letter of intent to acquire Barton County Memorial Hospital in Lamar, Mo., Oct. 10.
36. Catholic Health expands partnership with Buffalo Medical Group
Catholic Health System, a five-hospital system in Buffalo, N.Y., expanded its partnership with Buffalo Medical Group, a group physician practice with four main New York locations in Buffalo, Williamsville and Orchard Park.
37. Temple University Hospital, St. Luke's form strategic partnership for transplant services
Temple University Hospital, a 722-bed academic medical center in Philadelphia, entered into a strategic partnership Oct. 10 with Bethlehem, Pa.-based St. Luke's University Health Network to streamline coordination of care for select transplant services.
38. HCA offshoot to lease East Jefferson General Hospital
Metairie, La.-based East Jefferson General Hospital's board of directors signed a letter of intent Oct. 10 to lease the facility to New Orleans-based University Healthcare System.
39. KentuckyOne Health transfers ownership of clinic for $0
Rather than permanently shutter one of its clinics, Louisville-based KentuckyOne Health transferred ownership of Westside Medical Center Primary Care Clinic to Family Health Centers, both in Louisville, at no charge.
40. BJC HealthCare to consider severing 30-year operating lease early if Boone Hospital joins MU Health Care
St. Louis-based BJC HealthCare will consider terminating its 30-year operating lease with Columbia, Mo.-based Boone Hospital Center early if the hospital successfully finalizes its partnership with University of Missouri Health Care, also in Columbia.
41. Stanford Health Care partners with California hospital for heart surgery
Dameron Hospital, a 200-plus-bed hospital in Stockton, Calif., partnered with Stanford (Calif.) Health Care Oct. 5 to improve its cardiothoracic surgery program.
42. Adventist, Rideout Health finalize affiliation agreement
Roseville, Calif.-based Adventist Health reached an affiliation agreement with Marysville, Calif.-based Rideout Health.
43. Nevada Regional Medical Center to undergo change in management
The Nevada City Council approved plans last week to begin negotiating a contract with Joplin, Mo.-based Freeman Health System to take over management of Nevada (Mo.) Regional Medical Center.
44. Bankrupt California hospital lines up potential management partners to terminate current lease early
Tulare (Calif.) Regional Medical Center, which filed for bankruptcy Sept. 30, is reportedly in talks with two health organizations to run the facility, placing the hospital in a position to break ties with its current management company early.
45. Cleveland Clinic, Quest Diagnostics form strategic partnership
Secaucus, N.J.-based Quest Diagnostics signed a definitive agreement to acquire Cleveland HeartLab, a spinoff of Cleveland Clinic.
46. U of Utah Health partners with Central Valley Medical Center
Salt Lake City-based University of Utah Health and Nephi, Utah-based Central Valley Medical Center partnered to provide burn care to Nephi residents via telehealth technology.
47. Steward Health Care, Cleveland Clinic express interest in partnership with Indian River Medical Center
Steward Health Care; Nashville, Tenn.-based HCA; and Cleveland Clinic are three of 12 suitors who expressed preliminary interest in partnering with Vero Beach, Fla.-based Indian River Medical Center.
48. Care New England, Partners deal reportedly unaffected by Memorial Hospital closure
A spokesperson for Care New England told Becker's Hospital Review the health system remains committed to completing its proposed affiliation with Boston-based Partners HealthCare despite the recent closure of one of its hospitals.
49. Boca Raton Regional Hospital to begin search for long-term partner
Boca Raton (Fla.) Regional Hospital hired New York City-based investment banking and public finance firm Cain Brothers & Co. to assist the in the hospital's search for a suitable partner.
50. Memorial Sloan Kettering, Norwalk Hospital form cancer care partnership
New York City-based Memorial Sloan Kettering Cancer Center and Norwalk (Conn.) Hospital formed a cancer care collaboration Oct. 16 to integrate the medical and radiation oncology staff at both facilities and share best practices.
51. U of Michigan in talks to affiliate with Wayne State physician practice
Ann Arbor-based University of Michigan is reportedly negotiating a potential affiliation agreement with Detroit-based University Pediatrics, a physician group that provides staff and faculty for Wayne State University School of Medicine and the Children's Hospital of Michigan, both in Detroit.
52. Steward Health Care completes integration of 2 Arizona hospitals
Steward Health Care completed the integration of two Arizona hospitals this month.
53. Tri Valley Health to affiliate with Avera Health
Cambridge, Neb.-based Tri Valley Health System's board of directors approved a management affiliation agreement with Sioux Falls, S.D.-based Avera Health Oct. 18.
54. ThedaCare drops plan to consolidate 2 Wisconsin hospitals
ThedaCare, a seven-hospital system in Appleton, Wis., will not pursue plans to consolidate two of its hospitals in Appleton and Neenah, Wis.
55. Bankrupt North Carolina hospital attracts 7 bidders
Two health systems and three medical service companies submitted bids this week for all or part of Morehead Memorial Hospital's assets.
56. Tenet ditches sale plans after CEO's departure
Tenet Healthcare ended efforts to sell itself following the departure of longtime leader Trevor Fetter Monday, two sources familiar with the matter told Reuters Thursday.
57. Wake Forest Baptist to purchase High Point Regional
Winston-Salem, N.C.-based Wake Forest Baptist Medical Center signed a letter of intent Oct. 25 with Chapel Hill, N.C.-based UNC Health Care to acquire High Point (N.C.) Regional Health.
58. Johns Hopkins goes global, pursues 19 healthcare ventures across 5 continents
Baltimore-based Johns Hopkins Medicine International aims to spread the health system's brand and mission across the globe through several initiatives, including a hospital in the Middle East.
59. Dignity Health, Select Medical sign definitive agreement to combine select operations
Dignity Health signed a definitive agreement to combine its subsidiary occupational medicine and urgent care services provider with Mechanicsburg, Pa.-based Select Medical's service provider Oct. 23.
60. Rice Memorial board OKs partnership with CentraCare, ACMC Health
The Willmar, Minn.-based Rice Memorial Hospital board of directors approved a series of agreements Oct. 30 to create a regional healthcare entity in partnership with Willmar-based ACMC Health and St. Cloud, Minn.-based CentraCare Health.
61. Elliot, Southern New Hampshire Health combine to create Solution Health
Manchester, N.H.-based Elliot Health System and Nashua-based Southern New Hampshire Health signed an agreement Oct. 30 to combine operations, according to the New Hampshire.