Category: Hospital Transactions and Valuation

Merger and acquisition activity is picking up steam this year after a decline in deal volume during the pandemic, with some large health systems reorganizing their portfolios and offloading hospitals in various markets. 

Dallas-based Steward Health Care has entered into a definitive agreement to sell its physician group, Stewardship Health, to Nashville, Tenn.-based Rural Healthcare Group, part of private equity firm Kinderhook Industries, for $245 million in cash, acc…

Charleston, S.C.-based Roper St. Francis Healthcare has shared plans to sell Charleston-based Roper Hospital to the Medical University Hospital Authority, a component of the Medical University of South Carolina, according to an Aug. 10 news release.

Merger and acquisition activity is rebounding after a drop in deal volume during the pandemic, with many large health systems growing their hospital portfolios or planning to add more hospitals in the coming quarters.

Novant Health is looking to acquire a 200-provider urgent care group from Blue Cross and Blue Shield of South Carolina.

Dallas-based Tenet Healthcare has agreed to sell its 70% majority ownership interest in Birmingham, Ala.-based Brookwood Baptist Health to Orlando (Fla.) Health.

There were 5 mergers and acquisitions completed Aug. 1 that affected 40 hospitals, including one deal that created one of the largest nonprofit systems in the U.S. 

San Francisco-based UCSF Health has acquired two Dignity Health hospitals. 

Philadelphia-based Jefferson and Allentown, Pa.-based Lehigh Valley Health Network completed their merger Aug. 1. 

Philadelphia-based Jefferson and Allentown, Pa.-based Lehigh Valley Health Network have completed their merger to form a 32-hospital system with more than 700 care sites.