Category: Hospital Transactions and Valuation

Alabama hospital considers private equity deal

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…

UHS to sell 80-bed Texas hospital

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.

Trinity to sell Michigan hospital to CHI

Trinity Health has signed a purchase agreement with Wildwood, Mo.-based Catholic Healthcare International to sell its legacy hospital Trinity Health Livingston in Howell, Mich.

Affiliation between UPMC, Washington Health complete

Washington (Pa.) Health System has joined with Pittsburgh-based UPMC to become UPMC Washington and UPMC Greene. 

OHSU, Legacy inch closer to forming 12-hospital system

Portland-based Oregon Health & Science University and Legacy Health have signed a binding, definitive agreement to unite as one health system under OHSU Health.

Pennsylvania AG reaches agreement with UPMC-Washington Health to advance merger

Pittsburgh-based UPMC and Washington (Pa.) Health System have reached an agreement with Pennsylvania Attorney General Michelle Henry to preserve affordable healthcare access in the area after UPMC and WHS filed a letter of intent to merge last June.&nb…

Desert Healthcare District steps toward 30-year hospital lease with Tenet

The board for Desert Healthcare District and Foundation voted May 28 to move forward with Dallas-based Tenet Healthcare’s proposal for a 30-year lease for the 387-bed Desert Regional Medical Center in Palm Springs, Calif., the Desert Sun reported.

Kentucky health system to acquire 7th hospital

Bowling Green, Ky.-based Med Center Health will acquire Logan Memorial Hospital, effective July 1, the health system said in a May 29 news release.

New Jersey health system merger gets green light

The New Jersey Superior Court on May 28 approved Cape Regional Health System and Cooper University Health Care’s plan to merge.  

New Jersey health system merger gets green light

The New Jersey Superior Court on May 28 approved Cape Regional Health System and Cooper University Health Care’s plan to merge.