Category: Hospital Transactions and Valuation

New Bedford, Mass.-based Southcoast Health has expressed interest in buying Fall River, Mass.-based Saint Anne’s Hospital, part of Dallas-based Steward Health Care. 

The Centurion Foundation, an Atlanta-based nonprofit, has hit back at a nurse union over claims that its plan to acquire two Providence, R.I., hospitals is “not credible or viable.”

Kittanning, Pa.-based Armstrong County Memorial Hospital has signed a definitive agreement with the Pennsylvania Mountains Care Network, a healthcare network.

It’s gearing up to be another big year for health system mergers and acquisitions. Here’s what Becker’s has gathered on the transactions scene as we settle into 2024: 

Several federal agencies are teaming up to launch a cross-government public inquiry into the effects of private equity and other corporations on healthcare.

The United Nurses and Allied Professionals has urged the Rhode Island attorney general and state department of health to reject the Centurion Foundation’s plan to acquire two Providence, R.I., hospitals from Los Angeles-based Prospect Medical Holdings.

Cincinnati Children’s has signed a letter of intent with Fort Wayne, Ind.-based Parkview Health to expand their partnership for pediatric healthcare access across Fort Wayne and surrounding areas. 

The number of physician practices acquired by private equity firms increased by more than 600% from 2012 to 2021, according to a new analysis in Health Affairs. 

Denver-based Healthpeak Properties has closed its $21 billion all-stock merger with Milwaukee-based Physicians Realty Trust. The companies will operate under the name Healthpeak Properties.

Sacramento, Calif.-based Sutter Health has acquired five radiation oncology centers from GenesisCare, a cancer care services provider.