Category: Hospital Transactions and Valuation

UAB Health to acquire Ascension St. Vincent's

The University of Alabama System’s board of trustees unanimously approved an agreement to acquire Ascension St. Vincent’s Health System.

UAB Health to acquire Ascension St. Vincent's

The University of Alabama System’s board of trustees unanimously approved an agreement to acquire Ascension St. Vincent’s Health System.

15 hospital M&A moves to know in the 1st half of 2024

From a Tenet selling spree to Risant Health’s acquisition of Geisinger, here are 15 hospital merger and acquisition moves to know from the first six months of 2024. 

Risant Health plans to acquire North Carolina system

Risant Health, a nonprofit formed under Oakland, Calif.-based Kaiser Permanente, has signed a definitive agreement to acquire Greensboro, N.C.-based Cone Health.

Prospect 2 Rhode Island hospital sale gets state DOH approval, more requirements added

The Rhode Island department of health has conditionally approved the application for Los Angeles-based Prospect Medical Holdings to sell its two safety net state hospitals to The Centurion Foundation, according to a June 20 news release shared with Bec…

Lehigh Valley Health Network to sell, lease back facilities to fund hospital projects

 Allentown, Pa.-based Lehigh Valley Health Network is planning to sell and then lease back several outpatient facilities primarily to fund two hospital projects, The Morning Call reported June 20.  

Tougher FTC policies disrupt hospital M&A

Winston-Salem, N.C.-based Novant Health scrapped its planned acquisition of two hospitals from Franklin, Tenn.-based Community Health Systems after an appellate court granted the Federal Trade Commission an emergency injunction blocking the deal. 

Tougher FTC policies disrupt hospital M&A

Winston-Salem, N.C.-based Novant Health scrapped its planned acquisition of two hospitals from Franklin, Tenn.-based Community Health Systems after an appellate court granted the Federal Trade Commission an emergency injunction blocking the deal. 

Prospect approved to sell 2 Rhode Island hospitals, must meet 40 conditions

Los Angeles-based Prospect Medical Holdings has received conditional approval from Rhode Island Attorney General Peter Neronha, after a lengthy review, to sell its two safety net hospitals to The Centurion Foundation. 

CHS evaluating operations at hospitals in collapsed Novant deal

Franklin, Tenn.-based Community Health Systems said it is “evaluating the current operations” at its two North Carolina hospitals after a deal to sell the hospitals to Winston-Salem, N.C.-based Novant Health was called off amid Federal Trade Commission…