Since July 31, three of the largest publicly traded for-profit health systems reached agreements to sell hospitals:
Category: Hospital Transactions and Valuation
Academic systems acquiring hospitals left and right
Rural and community hospitals and smaller health systems are struggling to push their operating margins back into the black, with many continuing to seek strategic partners or acquisitions to ensure access to care. Academic health systems are stepping …
2-hospital system plans to join Emory
Houston Healthcare, a community-based, nonprofit health system in Warner Robins, Ga., and Emory Healthcare, an 11-hospital academic health system in Atlanta, have signed a letter of intent for Houston Healthcare to join Emory Healthcare, according to a…
California county reaches tentative agreement to acquire $175M HCA hospital
The County of Santa Clara, Calif., has reached a tentative agreement with Nashville, Tenn.-based HCA Healthcare to purchase its San Jose, Calif.-based Regional Medical Center for $175 million, allowing the hospital to integrate with the county operated…
AdventHealth to manage North Carolina hospital
Altamonte Springs, Fla.-based AdventHealth, a health system with more than 50 hospitals in nine states, plans to assume management of St. Luke’s Hospital in Columbus, N.C.
North Carolina system to buy CHS facility after Novant scraps deal
Statesville, N.C.-based Iredell Health System has signed a definitive agreement to buy Davis Regional Psychiatric Hospital from Franklin, Tenn.-based Community Health Systems in a deal that is expected to close this fall. News of the acquisition comes …
10 health system mergers to know | 2024
From Prime Healthcare signing a deal to acquire nine hospitals from Ascension to Kaiser’s Risant Health making a deal to acquire a second system, here are 10 health system mergers and acquisitions to know that have been announced or completed in 2024.&…
Penn Medicine, Doylestown Health sign definitive agreement
Philadelphia-based University of Pennsylvania Health System and Doylestown (Pa.) Health signed a definitive agreement for Doylestown to become part of Penn Medicine.
Orlando Health enters agreement to purchase 3 Steward Florida hospitals
Dallas-based Steward Health Care and Orlando (Fla.) Health have entered into a binding asset purchase agreement for Steward’s northern Florida assets.
Ozarks Community Hospital acquires medical clinic
Gravette, Ark.-based Ozarks Community Hospital has acquired Decatur (Ark.) Medi Clinic and renamed it OCH Decatur Clinic.
