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.
Category: Hospital Transactions and Valuation
24 unwound, canceled hospital deals
At least two dozen hospital mergers, acquisitions, joint ventures, affiliations and partnerships were unwound or called off throughout the past 24 months.
24 unwound, canceled hospital deals
At least two dozen hospital mergers, acquisitions, joint ventures, affiliations and partnerships were unwound or called off throughout the past 24 months.
'Shrinking margin for error' in healthcare M&A: Bain
Healthcare mergers and acquisitions face a number of rising threats: high interest rates, regulatory probes and “macroeconomic uncertainty,” to name a few. That means deals will need to be more thoughtful in 2024, according to a Jan. 30 article on Bain…
Panel to issue report on Dana Farber-Beth Israel partnership
The Massachusetts Health Policy Commission on Jan. 25 called for further review of the proposed clinical affiliation between Dana-Farber Cancer Institute, Beth Israel Deaconess Medical Center, and Harvard Medical Faculty Physicians at BIDMC.
FTC sues to block $320M Novant, CHS deal
The Federal Trade Commission said it is suing Winston-Salem, N.C.-based Novant Health in a move to block its $320 million acquisition of two North Carolina hospitals from Franklin, Tenn.-based Community Health Systems.
Premier Health sells women's health building
Dayton, Ohio-based Premier Health has sold the building housing Center for Women’s Health and Wellness in Mason, Ohio, for $4.2 million and has plans to relocate.
Iowa health system acquires hospital
Iowa City-based University of Iowa Hospitals and Clinics, part of University of Iowa Health Care, will operate jointly with Mercy Iowa City beginning Jan. 31, the Daily Iowan reported Jan. 24.
'We must move now': Virginia system plans to buy Covenant hospital
The University of Vermont Medical Center in Burlington on Jan. 23 submitted a certificate-of-need application to the Green Mountain Care Board, seeking approval to buy the Fanny Allen campus for $17.3 million.
'The big swing': Summa, HATCo leaders tout proposed acquisition
Marc Harrison, MD, CEO of General Catalyst’s Health Assurance Transformation Corp., or HATCo, said one of the venture capital firm’s goals is to put Akron, Ohio-based Summa Health “on a trajectory to become a forever organization for the community it s…
