Category: Hospital Transactions and Valuation

Prisma to expand into Tennessee

Greenville, S.C.-based Prisma Health plans to enter a new state by acquiring Blount Memorial Hospital, a 304-bed community hospital in Maryville, Tenn.

Medical group exits Prospect affiliate, joins Care New England network

Boston-based Arches Medical Partners’  physician group will leave CharterCare Provider Group, part of Los Angeles-based Prospect Medical Holding, and partner with Integra Community Care Network, part of Providence, R.I.-based Care New England Heal…

Bill permitting new physician-owned hospitals gains steam

A bipartisan group of legislators introduced a bill in the House of Representatives that would allow for new physician-owned hospitals.

Atlantic Health, physician group to form JV

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.

Stores sold in Kroger, Albertsons merger to keep pharmacy, healthcare services

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 …

Sanford, Marshfield eye 56-hospital merger

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 sells outreach lab services to Quest Diagnostics

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

WellSpan adds 9th hospital

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

Why one hospital merger stands out among the rest

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. 

HCA chases more hospital deals

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