Category: Hospital Transactions and Valuation

U of Minnesota to buy 1,700-bed hospital campus from Fairview

The University of Minnesota and its affiliated physicians are moving to purchase facilities that it has shared for six years with Minneapolis-based Fairview Health Services. 

UCSF Health, Adventist propose joint purchase of shuttered California hospital

San Francisco-based UCSF Health and Roseville, Calif.-based Adventist Health have shared a joint intent to reopen and operate Madera (Calif.) Community Hospital, which has been closed since the start of 2023. 

Primary care merger creates 680+ combined clinics

Denver-based Everside Health and Indianapolis-based Marathon Health, both primary care providers, have merged, combining more than 680 health centers across 41 states to serve 2.5 million eligible patients.

UCSF to acquire 2 Dignity Health hospitals in $100M agreement

San Francisco-based UCSF Health has signed a $100 million definitive agreement with San Francisco-based Dignity Health to take on two of its hospitals: Saint Francis Memorial Hospital and St. Mary’s Medical Center, both of which are in the city.

California hospital sale called off

Arcata, Calif.-based Mad River Community Hospital and management company Southwest Healthcare Services have ended sale discussions for the hospital, the Lost Coast Outpost reported Feb. 1.

Optum to hire 2,000 Allina employees, inks RCM partnership

Minneapolis-based Allina Health is partnering with Optum to improve care for patients and providers across Minnesota and Western Wisconsin.

HCA buys 3-year-old bankrupt hospital

Medical City Healthcare in Dallas, a subsidiary of HCA Healthcare, is now a 20-hospital system upon its completed purchase of a nearby hospital that filed for bankruptcy in 2023.

Novant completes $2.4B acquisition of Tenet hospitals

Winston-Salem, N.C.-based Novant Health has completed its $2.4 billion acquisition of three hospitals along with their affiliated physician clinics from Dallas-based Tenet Healthcare. 

UCI Health to acquire 4 Tenet hospitals

Orange, Calif.-based UCI Health has reached a definitive agreement to acquire Tenet Healthcare’s Pacific Coast Network, which includes four hospitals in Southern California and their associated outpatient locations.

Atlantic Health to acquire Saint Peter's Healthcare

Morristown, N.J.-based Atlantic Health System and New Brunswick, N.J.-based Saint Peter’s Healthcare System have signed a letter of intent to bring Saint Peter’s into Atlantic Health’s care network to expand care access.