Category: Hospital Transactions and Valuation

Ascension Michigan region to join MyMichigan Health

Ascension Michigan’s Northern region locations in Saginaw, Tawas and Standish are set to join Midland-based MyMichigan Health pending standard regulatory and other required third-party approvals.

4 micro-hospitals, 1 freestanding ED properties sold for $86M

Tampa, Fla.-based Sila Realty Trust, a net lease real estate investment trust, has purchased five healthcare facilities for $85.5 million in Arizona and Texas.

Mercy partners with hospital to expand pediatric care, ends plans with CoxHealth

Springfield, Mo.-based Mercy Hospital, part of St. Louis-based Mercy health system, has partnered with Children’s Mercy Kansas City (Mo.) to bring pediatric care services to Springfield.

Deaconess, Memorial hospital acquire shuttered Indiana hospital

Evansville, Ind.-based Deaconess Health and Jasper, Ind.-based Memorial Hospital and Health Care Center have acquired the former Huntingburg, Ind.-based St. Joseph’s Hospital property.

No layoffs will come after 2-hospital acquisition, UCSF says

UCSF Health said it will not lay off staff should its $100 million purchase of Dignity Health’s St. Francis and St. Mary’s hospitals in San Francisco secure approval from state regulators, according to The San Francisco Standard.

HCA shelled out $635 million for 2023 acquisitions

Nashville, Tenn.-based HCA Healthcare spent a combined $635 million on acquisitions in 2023, according to its 2023 annual shareholders report.

Maryland medical group adds over 400 primary care practices in 2024

Bethesda, Md.-based Aledade, a primary care group, has added over 400 primary care practices, community health centers and clinics to its network in 2024. 

How HCA, Tenet and CHS have grown — or shrunk — over 5 years

Nashville, Tenn.-based HCA Healthcare operated 186 hospitals by the end of 2023, up from 179 in 2019. Meanwhile, two other large for-profit health systems — Franklin, Tenn.-based Community Health Systems and Dallas-based Tenet Healthcare — have trimmed…

Catholic health system, Indiana hospital finalize affiliation agreement

Jaspin, Ind.-based Memorial Hospital and Health Care Center finalized an affiliation agreement with Evansville, Ind.-based Deaconess Health, which became effective Feb. 1.

Memorial Health looks to sell 112-bed nursing facility

Marysville, Ohio-based Memorial Health is looking to sell its 112-bed Marysville-based Memorial Gables Nursing Home and Rehabilitation facility.