Category: Hospital Transactions and Valuation

Kansas system to acquire 1st hospital in Missouri

The University of Kansas Health System and Liberty (Mo.) Hospital have signed definitive agreements for the hospital and its clinics to join the Kansas City-based health system. 

18 states leaving MGMA

On May 1, the Arizona Medical Group Management Association told the national MGMA it would end its affiliation. In the last few months, 17 other states have done the same and rebranded as Healthcare Leaders Associations. 

UK HealthCare plans to acquire Kentucky system

The University of Kentucky board of trustees has approved plans to proceed with the acquisition of St. Claire HealthCare in Morehead, Ky. 

For-profit health systems' selling spree continues

The Franklin, Tenn.-based Community Health Systems announced April 18 it entered into a definitive agreement to sell 351-bed Tennova Healthcare-Cleveland (Tenn.) to Hamilton Health Care System in Dalton, Ga., for $160 million in cash. 

Queens Health System to buy psychiatric hospital from Sutter

Honolulu-based Queen’s Health System plans to complete its acquisition of an 88-bed psychiatric hospital from Sacramento, Calif.-based Sutter Health later this year. 

UC San Diego Health operations deal with California hospital slows to crawl

Tri-City Healthcare District in Oceanside, Calif., and UC San Diego Health are still working on plans for a joint power agreement that was expected to be completed by the end of March, The San Diego Union-Tribune reported April 21.

Labcorp completes acquisition of Providence, Baystate outreach lab businesses

In two separate deals, Labcorp completed acquisitions of outreach laboratory businesses from Renton, Wash.-based Providence and Springfield, Mass.-based Baystate Health.

CHS to sell Tennessee hospital

Community Health Systems is preparing to sell off a 351-bed hospital in Tennessee. 

Idaho group adds providers, ENT practice from shuttered Saltzer Health

Boise, Idaho-based Primary Health Medical Group has added multiple providers and acquired an ear, nose and throat practice from Nampa, Idaho-based Saltzer Health, a Salt Lake City-based Intermountain Health physician group that closed March 29. 

Georgia physician group joins Atrium Health Floyd

Rome, Ga.-based Harbin Clinic, a private physician group, has joined Rome, Ga.-based Atrium Health Floyd, a health system part of Charlotte, N.C.-based Advocate Health.