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9 recent hospital partnerships and transactions

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

1. Proposed $15M deal could reopen bankrupt Arkansas hospital
West Memphis, Ark.-based Crittenden Regional Hospital could open its doors again through a deal with Nashville, Tenn.-based Ameris Health Systems.

2. Hospital Sisters Health System, Greenville Regional Hospital eye affiliation
Springfield, Ill.-based Hospital Sisters Health System and Greenville (Ill.) Regional Hospital signed a letter of intent to begin the process of exploring an affiliation.

3. LifeBridge Health to acquire Carroll Hospital Center
LifeBridge Health finalized an agreement to acquire Westminster, Md.-based Carroll Hospital Center.

4. Natchez Regional Medical Center to consolidate city’s 2 hospitals
The Mississippi State Health Department granted Natchez (Miss.) Regional Medical Center permission to begin the renovations that will allow NRMC and Natchez Community Hospital to consolidate.

5. Peconic Bay Medical Center to join North Shore-LIJ Health System
Riverhead, N.Y.-based Peconic Bay Medical Center's board of directors approved a definitive agreement to become a full member of Great Neck, N.Y.-based North Shore-LIJ Health System following completion of contractual approvals and governmental regulatory review.

6. John Hopkins Medicine, Chinese diagnostic company partner
John Hopkins Medicine in Baltimore partnered with Chinese company DIAN Diagnostics to spread DIAN's pathology lab services nationwide.

7. Woman's Hospital, Mary Bird Perkins-Our Lady of the Lake Cancer Center team up for women's cancer care
Mary Bird Perkins-Our Lady of the Lake Cancer Center and Woman's Hospital, both in Baton Rouge, La., will affiliate to create a new system of care that will promote a higher degree of physician collaboration, coordination and disease management for patients with breast and gynecological cancers.

8. Tenet, Baylor Scott & White to partner for value-based care at 5 hospitals
Baylor Scott & White Health and Tenet Healthcare, both based in Dallas, announced plans to partner at five Texas hospitals, to focus on integrated, value-based care delivery.

9. Humana to sell Concentra unit for $1B
Louisville, Ky.-based health insurer Humana is selling Concentra, its occupational health and physical therapy services arm, for $1.06 billion.

More articles on healthcare industry transactions:

10 recent hospital partnerships and transactions
HCA, other potential buyers interested in Daughters of Charity hospitals

 

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