Category: Hospital Transactions and Valuation

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.  

CommonSpirit unlikely to pursue Steward's Arizona assets

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. 

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.