Category: Hospital Transactions and Valuation

PE-backed physician groups grew 600% in a decade

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. 

Healthcare real estate companies close $21B merger

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.

Sutter Health acquires 5 radiation oncology centers

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

Aspirus, St. Luke's form 19-hospital system

Duluth, Minn.-based St. Luke’s and Wausau, Wis.-based Aspirus Health have officially combined, forming a 19-hospital system with almost 14,000 employees.

Tenet's hospital selling spree

Dallas-based Tenet Healthcare has started 2024 with a flurry of hospital sales. 

Critical access hospital to join Baxter Health

Fulton County Hospital in Salem, Ark., has officially agreed to join Mountain Home, Ark.-based Baxter Health. 

Adventist to acquire 2 Tenet hospitals

Roseville, Calif.-based Adventist Health has signed definitive agreements to purchase two California hospitals from Dallas-based Tenet Healthcare.

Woodside Health acquires Nevada medical center

Cleveland-based Woodside Health, a medical office building management firm, has acquired Henderson, Nev.-based Seven Hills Medical Center. 

Northwell, Nuvance to merge

Northwell Health and Nuvance Health have entered into a strategic agreement to combine systems, expanding their reach with 28 hospitals across New York and Connecticut. 

Why an independent community hospital is joining WellSpan Health

Lewisburg, Pa.-based Evangelical Community Hospital has been an independent community hospital for close to 100 years, but CEO Kendra Aucker said that with an aging population and growing costs, the model is no longer sustainable, PennLive.com reported…