Category: Hospital Transactions and Valuation

Mercy acquires Ascension hospital

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

California hospital to suspend operations, lay off staff

Modesto, Calif.-based Stanislaus Surgical Hospital will suspend operations indefinitely, effective Sept. 14, and lay off all 160 employees, a spokesperson for the hospital confirmed to Becker’s.

Henry Ford Health, Ascension Michigan JV sets launch date

Detroit-based Henry Ford Health and Ascension Michigan plan to close their proposed joint venture Sept. 30 and launch on Oct. 1.

Northwell, Nuvance merger nears completion

Northwell Health, based in New Hyde Park, N.Y., is close to finalizing its merger with Danbury, Conn.-based Nuvance Health, with just two approvals remaining, Newsday reported Sept. 4.

The right time to grow, per 2 CEOs

As hospital and health system transactions continue in the U.S., a number of them have involved academic health systems acquiring rural and community hospitals, as well as smaller health systems.

HCA completes acquisition of Envision joint venture

Nashville, Tenn.-based HCA Healthcare has fully acquired Valesco, its joint venture with EmCare, a physician practice management firm affiliated with Envision Healthcare.

California systems partner to expand care access

Escondido, Calif.-based Palomar Health and San Diego-based Sharp HealthCare are collaborating to broaden the range of healthcare services available to patients in North County.

California county votes unanimously to acquire HCA hospital

Santa Clara (Calif.) County’s board of supervisors voted unanimously on Aug. 27 to purchase San Jose, Calif.-based Regional Medical Center, part of Nashville, Tenn.-based HCA Healthcare, for $175 million. 

Connecticut AG secures deal with Northwell and Nuvance

Northwell Health and Nuvance Health have reached an agreement with Connecticut Attorney General William Tong to secure the continuation of labor and delivery services at Sharon Hospital in Connecticut.

McKesson targets $2.5B stake in Florida oncology network

McKesson has signed a definitive agreement for a $2.5 billion controlling stake in a subsidiary of Florida Cancer Specialists & Research Institute, a physician-owned oncology clinic operator.