Winston-Salem, N.C.-based Novant Health has called off its planned $320 million acquisition of two North Carolina hospitals from Community Health Systems after an appellate court granted the Federal Trade Commission an emergency injunction blocking the…
Financially stronger health systems are hesitant about acquiring weaker hospitals or systems, an M&A trend that is expected to continue as organizations continue financial turnarounds and work to steadily improve their operating margins after a financi…
Coos Bay, Ore.-based Bay Area Hospital is making progress on its financial turnaround and is exploring potential opportunities to partner with or become part of a larger health system.
The University of Minnesota and Fairview Health Services, both based in Minneapolis, are working through new agreements to bring facilities shared between the two parties under the University of Minnesota’s wing.
The first quarter of 2024 marked the strongest merger and acquisition activity among hospitals and health systems since 2020. For-profit systems, in particular, are making a lot of moves in the hospital market and Dallas-based Steward Health Care recen…
Walgreens Boots Alliance is exploring all options for Boots, including a potential spinoff, Bloomberg reported June 7.
Three for-profit hospitals owned by Franklin, Tenn.-based Community Health Systems and King of Prussia, Pa.-based Universal Health Services could soon be changing hands.
The board overseeing Hollister, Calif.-based Hazel Hawkins Memorial Hospital voted to move negotiations forward with a potential private buyer of the hospital, NBC affiliate KSBW reported June 6.
Montgomery, Ala.-based Jackson Hospital’s board has voted to approve and recommend to its corporate members an affiliation agreement with HumanityCorp, a private equity company that has partnerships with multiple hospitals and health systems across the…
Shannon Medical Center in San Angelo, Texas, has signed an agreement to acquire River Crest Hospital, an 80-bed behavioral health facility from King of Prussia, Pa.-based Universal Health Services.
