Category: Hospital Transactions and Valuation

6 M&A factors system leaders should consider

On March 1, Altamonte Springs, Fla.-based AdventHealth completed the $260 million acquisition of ShorePoint Health-Port Charlotte (Fla.) and ShorePoint Health-Punta Gorda (Fla.) from Franklin, Tenn.-based Community Health System.

Healthcare group to buy, reopen former HSHS hospital

The Chippewa Valley Health Cooperative, an independent nonprofit organization, has finalized a purchase agreement with Hospital Sisters Health System for the St. Joseph’s Hospital building in Chippewa Falls, Wis. This follows the initial letter of inte…

AdventHealth's Adam Johnson on what’s next after buying CHS hospital

ShorePoint Health-Port Charlotte (Fla.) recently joined Altamonte Springs, Fla.-based AdventHealth, and the facility’s president and CEO, Adam Johnson, told Becker’s he is focused on a smooth transition as well as long-term operational and strategic pr…

Settlement paves way for earlier vote on Deaconess-Jennie Stuart deal

The board of Hopkinsville, Ky.-based Jennie Stuart Health can vote sooner than expected on whether to approve the hospital’s acquisition by Evansville, Ind.-based Deaconess Health System after a settlement agreement that had delayed the vote until late…

13 hospital transactions in 1 week

The end of February into early March saw a wave of hospital transactions, signaling a shift in healthcare ownership and operations across the country. 

NYU Langone adds 7th hospital

New York City-based NYU Langone Health has completed its merger with Patchogue, N.Y.-based Long Island Community Hospital, which will now be known as NYU Langone Hospital—Suffolk.

CHS sells 2 hospitals to AdventHealth for $260M

Franklin, Tenn.-based Community Health Systems has completed the sale of ShorePoint Health-Port Charlotte (Fla.) and certain assets of ShorePoint Health-Punta Gorda (Fla.) to Altamonte Springs, Fla.-based AdventHealth, effective March 1.

Prime completes purchase of 8 Illinois hospitals

Ontario, Calif.-based Prime Healthcare has completed its acquisition of eight St. Louis-based Ascension hospitals in Illinois. 

HCA acquires Prime Florida hospital

Nashville, Tenn.-based HCA Healthcare has completed the purchase of Lehigh Acres, Fla.-based Lehigh Regional Medical Center, from Ontario, Calif.-based Prime Healthcare.

Deal to buy Prospect hospitals 'impossible,' Yale New Haven says

Yale New Haven Health (Conn.) officials said that a deal to acquire three Connecticut hospitals from Los Angeles-based Prospect Medical Holdings is now “impossible.”