Daniel Morrisette, CFO of Chicago-based CommonSpirit, said he doesn’t expect the health system to purchase Dallas-based Steward Health Care’s Arizona assets, but said they are evaluating potential opportunities.
Category: Hospital Transactions and Valuation
Governor plays peacemaker in Yale New Haven-Prospect Medical dispute
Connecticut Gov. Ned Lamont met with the CEOs of Yale New Haven (Conn.) Health and Los Angeles-based Prospect Medical Holdings in an effort to get a proposed 3-hospital deal back on track and out of the courtroom, The Trumbull Times reported May 23.&nb…
Oregon hospital, Samaritan Health Services consider merger
Stayton, Ore.-based Santiam Hospitals and Clinics have signed a nonbinding letter of intent with Corvallis, Ore.-based Samaritan Health Services to merge.
Overlake inks deal to join MultiCare
Bellevue, Wash.-based Overlake Medical Center & Clinics has signed an affiliation agreement with Tacoma, Wash.-based MultiCare Health System, building upon the longstanding relationship between the two organizations.
Emplify Health acquires former HSHS Wisconsin clinic
Emplify Health, a nonprofit health system formed through the combination of Green Bay, Wis.-base Bellin and La Crosse, Wis.-based Gundersen, has acquired a clinic in Mondovi, Wis., from Springfield, Ill.-based Hospital Sisters Health System and Green B…
Jefferson, Lehigh Valley Health Network ink definitive agreement to merge
Philadelphia-based Jefferson and Allentown, Pa.-based Lehigh Valley Health Network have signed a definitive agreement to merge into a 30-hospital system with more than 700 care sites.
California system has trouble selling hospitals
Yale New Haven (Conn.) Health’s attempt to get out of a deal to acquire three Connecticut hospitals from Los Angeles-based Prospect Medical Holdings has Pennsylvania legislators concerned about Prospect’s ability to close a deal in their state, WHYY re…
Illinois hospital, OSF HealthCare enter into merger negotiations
Peoria, Ill.-based OSF HealthCare and Dixon, Ill.-based Katherine Shaw Bethea Hospital have shared plans to merge after entering into exclusive negotiations.
UVA Health to acquire 90-employee Virginia family practice
Charlottesville, Va.-based UVA Health has shared plans to acquire Piedmont Family Practice in Warrenton, Va.
NYU Langone Health, Long Island hospital inch closer to merger
New York City-based NYU Langone Health expects its merger with Patchogue, N.Y.-based Long Island Community Hospital to be completed in about a year, a spokesperson for the health system told Becker’s.
