Category: Hospital Transactions and Valuation

ProMedica to sell Michigan hospital

Toledo, Ohio-based ProMedica has signed a definitive asset purchase agreement with Insight Health System, under which Insight will acquire Coldwater (Mich.) Regional Hospital.

Allina Health completes sale of lab assets

Quest Diagnostics has completed the acquisition of certain laboratory assets from Minneapolis-based Allina Health.

5 for-profit hospital deals yet to close

From Community Health Systems looking to exit Pennsylvania, to HCA seeking to acquire a New Hampshire health system, here are five deals involving publicly traded for-profit health systems that have yet to close: 

Northwell, Nuvance merger clears New York regulatory hurdle

New Hyde Park, N.Y.-based Northwell Health’s merger with Danbury, Conn.-based Nuvance Health received approval from New York State, acting through the Public Health and Health Planning Council.

Sale of 3 Steward Florida hospitals to Orlando Health approved for $439M

U.S. Bankruptcy Court Judge Christopher Lopez approved the sale of three Dallas-based Steward Health Care hospitals in Florida to Orlando (Fla.) Health for $439.42 million in cash ina Sept. 10 court hearing. 

Sale of 3 Steward Florida hospitals to Orlando Health approved for $439M

U.S. Bankruptcy Court Judge Christopher Lopez approved the sale of three Dallas-based Steward Health Care hospitals in Florida to Orlando (Fla.) Health for $439.42 million in cash in a Sept. 10 court hearing. 

Kaiser, CommonSpirit ink Colorado expanded partnership

Oakland, Calif.-based Kaiser Permanente and Chicago-based CommonSpirit Health have expanded collaboration through a long-term agreement in Colorado.

OhioHealth explores partnership with local hospital

Columbus-based OhioHealth signed a nonbinding letter of intent with Lancaster, Ohio-based Fairfield Medical Center on Sept. 6. 

University foundation sells former Michigan hospital for $2.5M

The Northern Michigan University Foundation has sold the former Marquette (Mich.) Hospital site to Veridea Group, a design and development management firm, for $2.5 million.  

Mercy acquires Ascension hospital

St. Louis-based Mercy has acquired Ascension’s Via Christi Hospital in Pittsburg, Kan.