Category: Hospital Transactions and Valuation

Hawaii system to acquire Wahiawa General

The Queen’s Health System in Honolulu, Hawaii, has entered into an asset purchase agreement to acquire Wahiawa General Hospital, effective March 31.

Connecticut attorney general investigating Prospect Medical's 'financial practices'

The Connecticut attorney general’s office has previously said it is investigating Los Angeles-based Prospect Medical Holdings for back taxes it owes the state.

Augusta Health adds women's health group

Fishersville, Va.-based Augusta Health is adding Augusta Health Care for Women, the health system said Nov. 2.

Parkview Health to join UCHealth Dec. 1

Pueblo, Colo.-based Parkview Health and Aurora, Colo.-based UCHealth have completed all their necessary regulatory processes and will be joining forces Dec. 1, the two systems said Nov. 2.

Alabama system joins Ochsner ACO to improve senior health outcomes

Mobile, Ala.-based Infirmary Health, the largest nonprofit private healthcare provider in the state, is teaming up with New Orleans-based Ochsner Health by joining its accountable care organization, the two systems said Nov. 2.

Blackstone to acquire 16-hospital system in India

Blackstone, a private equity firm, has inked a deal to purchase a 72.5 percent stake in Quality Care India — which operates  Care Hospitals —- from Evercare, a platform backed by TPG Rise funds, the Business Standard reported Oct. 31.

Florida legislator wants public system sold; president opposed

Titusville, Fla.-based Parrish Healthcare is the target of a Florida representative who wants to see the public system sold because of what he believes is excessive government interference. The health system, meanwhile, wants no part of a sale, accordi…

20 mergers and acquisitions making headlines in October

Here is a summary of hospital and healthcare merger and acquisition-related transactions from October:

UC San Diego Health to assume operations of community hospital

Tri-City Healthcare District has selected UC San Diego Health as its future healthcare partner, with the two organizations developing a joint powers agreement.

U of Iowa Health to purchase Mercy Iowa City

Having originally failed in its bid to buy Mercy Iowa City hospital, the University of Iowa Health system is now set to take over the bankrupt facility.