Category: Hospital Transactions and Valuation

The beginning of the new year is off to a busy start for hospital and health system mergers and acquisitions with several deals announced, advancing or finalized. 

While average hospital margins stabilized last year, consolidation trends show health systems are still facing significant financial challenges.

Dayton (Ohio) Children’s has acquired two pediatric offices, Springboro, Ohio-based Cornerstone Pediatrics and Sidney, Ohio-based Shelby Pediatrics.

Rady Children’s Hospital-San Diego and Orange, Calif.-based Children’s Hospital of Orange County have officially merged to form Rady Children’s Health, a three-hospital system with multiple primary and specialty care centers. 

Ontario, Calif.-based Prime Healthcare plans to acquire Lewiston-based Central Maine Healthcare by the end of the year. 

Ithaca, N.Y.-based Cayuga Health System and Elmira, N.Y.-based Arnot Health have merged into a five-hospital system with more than $1 billion in annual revenue. 

Ithaca, N.Y.-based Cayuga Health System and Elmira, N.Y.-based Arnot Health have merged into a five-hospital system with more than $1 billion in annual revenue. 

Healthcare mergers and acquisitions decreased 9% between 2023 and 2024, but an increase in deals is expected in 2025, according to PwC.

New Hampshire Attorney General John Formella’s office has approved Nashville, Tenn.-based HCA Healthcare’s acquisition of Manchester, N.H.-based Catholic Medical Center. 

Mount Pleasant, S.C.-based Southeastern Spine Institute joined Winston-Salem, N.C.-based Novant Health, effective Jan. 1.