Sponsored by VMG Health | info@vmghealth.com | 214.369.4888

7 recent hospital transactions and partnerships

The following healthcare mergers, acquisitions and general transactions took place or were announced within the past week, beginning with the most recent.

1. CHS pursues Metro Health deal without Cleveland Clinic
Franklin, Tenn.-based Community Health Systems announced it is moving forward with a deal to purchase Metro Health Hospital in Wyoming, Mich. — a deal that has been in the works since 2013.

2. Lincoln County Medical Center joins Mercy Health
Troy, Mo.-based Lincoln County Medical Center is set to join Chesterfield, Mo.-Mercy Health under an agreement executed by both parties.

3. Georgia Regents Health System eyeing partnership with University Hospital Regents Health System eyeing partnership with University Hospital
Augusta-based Georgia Regents Health System has begun preliminary partnership discussions with University Hospital in Augusta.

4. Decision on sale of Daughters of Charity to Prime Healthcare pushed back
California Attorney General Kamala Harris now has until Feb. 20 to decide whether Daughters of Charity Health System — a six-hospital network based in Los Altos Hills, Calif. — should be sold to Ontario, Calif.-based Prime Healthcare Services.

 5. Prime Healthcare Services completes acquisition of North Vista Hospital
Ontario, Calif.-based Prime Healthcare Services completed its acquisition of 177-bed North Vista Hospital in North Las Vegas, Nev.

6. Tenet to renew talks over major hospital deal in Connecticut
Dallas-based Tenet Healthcare accepted Connecticut Gov. Dannel Malloy's offer to once again begin negotiating the terms of a transaction that involves the for-profit hospital operator acquiring five hospitals in the state.

7. Trustees pave the way for Penn Health to acquire health network from CHI
Nonprofit Penn State Health received approval from the Penn State board of trustees to acquire St. Joseph Regional Health Network from Englewood, Colo.-based Catholic Health Initiatives.

More articles on healthcare industry transactions:

2015 could be a busy year for hospital deals
341 healthcare deals announced in Q4
2 South Carolina hospitals may close later this year

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Articles We Think You'll Like

 

Featured Whitepapers

Featured Webinars