Seven California hospitals that were owned by two of the largest for-profit health systems in the U.S. are now in the hands of nonprofit systems.
Category: Hospital Transactions and Valuation
The Queen's Health System acquires Hawaii hospital
The Queen’s Health System in Honolulu has purchased Wahiawa (Hawaii) General Hospital.
For-profit and big systems are shedding hospitals. Who is stepping up?
As the financial challenges for hospitals mount, big systems have become sellers.
Hospital M&A volume jumps in Q1; $10B in target volume
The number of hospital and health systems mergers and acquisitions announced in the first quarter was substantially higher than the same period in 2023, according to an April 1 report by Cain Brothers, a division of Key Banc Capital Markets.
Providence partnership merges 7 California imaging centers
Renton, Wash.-based Providence and RadNet, an outpatient diagnostic imaging services provider, have established a joint venture called Tri Valley Imaging Group.
Risant Health seals Geisinger acquisition
Washington, D.C.-based Risant Health, a nonprofit organization that is part of Oakland, Calif.-based Kaiser Permanente, acquired Danville, Pa.-based Geisinger Health on March 31.
Saltzer Health sells 4 care facilities
Nampa, Idaho-based Saltzer Health, a physician group, has sold three facilities to Boise, Idaho-based Saint Alphonsus Health System after the group was closed March 29 by Salt Lake City-based Intermountain Health.
Dartmouth negotiates hospital acquisition terms to avoid 'creating a monopoly'
New Hampshire Attorney General John Formella has negotiated terms for Dartmouth Health’s proposed acquisition of Valley Regional Hospital in Claremont.
HCA sells hospital to UCLA Health
Los Angeles-based UCLA Health has acquired a 260-bed hospital from HCA Healthcare’s Far West division.
Tenet sells 9 hospitals for $3.9B
Dallas-based Tenet Healthcare is reorganizing its hospital portfolio through various strategic transactions.
