Category: Hospital Transactions and Valuation

Fairview signals doubt with partner U of Minnesota

Fairview Health Services does not want to extend its affiliation as it stands with the University of Minnesota past 2026, the Star Tribune reported Nov. 20.

U of Nebraska, Columbus Community Hospital sign affiliation agreement

Omaha-based University of Nebraska Medical Center signed a master affiliation agreement with Columbus (Neb.) Community Hospital.

Oregon system in 'financial crisis' completes sale of labs

Portland, Ore.-based Legacy Health has completed the sale of its outreach laboratory operations to Labcorp in a restructuring move aimed at improving the system’s financial health. 

Novant to buy 3 Tenet hospitals for $2.4B

Winston-Salem, N.C.-based Novant Health and Dallas-based Tenet Healthcare have signed a definitive agreement for Novant to acquire three Tenet hospitals and affiliated operations in South Carolina.

NYU Langone acquires urology group

New York City-based NYU Langone Health acquired Pediatric Urology Associates in 10 practice locations, longisland.com reported on Nov. 10.

California system eyes bankrupt hospital takeover

Salinas (Calif.) Valley Health and San Benito County have submitted a joint proposal to the San Benito Healthcare District to govern, operate and finance Hollister-based Hazel Hawkins Memorial Hospital, its skilled nursing facilities, and physician cli…

Novant to acquire, invest $50M in 25-bed hospital

Winston-Salem, N.C.-based Novant Health has finalized the transfer of Pender Medical Center in Burgaw, N.C., WWAYTV reported Nov. 8.

Michigan critical access hospitals mull merger

Cass City, Mich.-based Hills & Dales Healthcare and UnitedHealthcare Partners have signed a nonbinding letter of intent to combine the two organizations. 

Michigan rural emergency hospital sold

A Michigan hospital that became the first in the state to transition to rural emergency hospital status in August has now been sold to a for-profit entity, according to a Nov. 3 Watershed Voice report.

Bankruptcy court approves sale of Mercy Iowa City to U of Iowa Health

The long-awaited sale of Mercy Iowa City hospital is now over after Iowa City-based University of Iowa Health was approved Nov. 6 to buy the bankrupt facility.