Elkins, W.Va.-based Davis Health, a three-hospital system, has officially joined Vandalia Health, local news outlet WBOY reported Dec. 4.
Category: Hospital Transactions and Valuation
Sentara now sole owner of 17 urgent care centers
Norfolk, Va.-based Sentara Health is the new sole owner of Velocity Urgent Care, marking the end of the health system’s joint venture relationship for the 17-site company.
A busy week of mergers and acquisitions
The last week of November was a busy one for hospital and health system mergers and acquisitions.
CHS has sold 11 hospitals so far in 2023
In 2017, Franklin, Tenn.-based Community Health Systems extended its divestiture plan to help control its losses and debt. After just divesting from one hospital in 2022, the health system had a busy 2023.
HCA buys 3 hospitals in Texas
HCA Healthcare’s Medical City Healthcare in Dallas has completed its acquisition of three-hospital Wise Health System in Texas.
Lifepoint, Ascension Saint Thomas form joint venture
Brentwood, Tenn.-based Lifepoint Health and Ascension Saint Thomas are entering a joint venture, in which the two organizations will jointly own Highpoint Health, a four-hospital system owned by Lifepoint.
UCHealth scoops up 2-hospital system
Aurora, Colo.-based UCHealth has added a smaller health system to its network.
CHS sells 3 Florida hospitals
Franklin, Tenn.-based Community Health Systems agreed to sell three Florida hospitals to Tampa General Hospital for $294 million.
Health system antitrust cases pick up steam
Earlier this year, the Federal Trade Commission requested an additional $160 million for its 2024 budget to support healthcare merger challenges, rulemaking and investigations. Of that $160 million, $70 million is earmarked for hiring more than 300 emp…
HCA to buy bankrupt Texas hospital
Nashville, Tenn.-based HCA Healthcare is buying bankrupt Trinity Regional Hospital Sachse (Texas) for $41 million in a deal that is expected to close by the end of January, Bloomberg Law reported Nov. 29.
