Category: Hospital Transactions and Valuation

Morgantown.-based West Virginia University Health System is adding another member to its system with the addition of Weirton Medical Center. 

Orange, Calif.-based UCI Health has completed its acquisition of Tenet Healthcare’s Pacific Coast Network, which includes four hospitals in Southern California and their associated outpatient locations. 

Ascension Michigan’s Northern region locations in Saginaw, Tawas and Standish are set to join Midland-based MyMichigan Health pending standard regulatory and other required third-party approvals.

Tampa, Fla.-based Sila Realty Trust, a net lease real estate investment trust, has purchased five healthcare facilities for $85.5 million in Arizona and Texas.

Springfield, Mo.-based Mercy Hospital, part of St. Louis-based Mercy health system, has partnered with Children’s Mercy Kansas City (Mo.) to bring pediatric care services to Springfield.

Evansville, Ind.-based Deaconess Health and Jasper, Ind.-based Memorial Hospital and Health Care Center have acquired the former Huntingburg, Ind.-based St. Joseph’s Hospital property.

UCSF Health said it will not lay off staff should its $100 million purchase of Dignity Health’s St. Francis and St. Mary’s hospitals in San Francisco secure approval from state regulators, according to The San Francisco Standard.

Nashville, Tenn.-based HCA Healthcare spent a combined $635 million on acquisitions in 2023, according to its 2023 annual shareholders report.

Bethesda, Md.-based Aledade, a primary care group, has added over 400 primary care practices, community health centers and clinics to its network in 2024. 

Nashville, Tenn.-based HCA Healthcare operated 186 hospitals by the end of 2023, up from 179 in 2019. Meanwhile, two other large for-profit health systems — Franklin, Tenn.-based Community Health Systems and Dallas-based Tenet Healthcare — have trimmed…