Category: Hospital Transactions and Valuation

Morristown, N.J.-based Atlantic Health System plans to form a joint venture with Premier Health Associates, a multispecialty group focusing on primary care across 16 locations in New Jersey and Pennsylvania.

The planned merger between Cincinnati-based grocery store chain Kroger and Boise, Idaho-based Albertsons will not interfere with pharmacy and healthcare service operations at the 579 stores the companies plan to sell to Keene, N.H.-based C&S Wholesale …

Sioux Falls, S.D.-based Sanford Health and Marshfield (Wis.) Clinic Health System have signed a nonbinding agreement to merge into a 56-hospital system with more than 56,000 employees, including 4,300 providers. 

OhioHealth, based in Columbus, signed an agreement to sell certain assets of its outreach laboratory services business to Quest Diagnostics.

WellSpan Health has added 131-bed Evangelical Community Hospital in Lewisburg, Pa., to its network.

Two rival hospitals in Terre Haute, Ind., seeking to merge are the first to test the state’s certificate of public advantage (COPA) law, The Washington Post reported July 3. 

While other publicly traded, for-profit health systems have reduced their hospital portfolios in recent years, Nashville, Tenn.-based HCA has grown.

UCSF Health and California Attorney General Rob Bonta have signed a cooperative settlement agreement to preserve key services and clear the way for the health system’s $100 million acquisition of two San Francisco hospitals. 

The proposed acquisition of Akron, Ohio-based Summa Health by Health Assurance Transformation Corp., or HATCo, is making progress, The Alliance Review reported July 2. 

Kittanning, Pa.-based Armstrong County Memorial Hospital is officially affiliated with Pennsylvania Mountain Care Network.