Category: Hospital Transactions and Valuation

In a declining healthcare merger and acquisition market, hospital CFOs said that they are still monitoring opportunities to expand access to care but are remaining cautious.

Pittsburgh-based UPMC said it has entered into an integration and affiliation agreement with Washington (Pa.) Health System, according to an Oct. 23 filing.

Trinity Health may initially be losing money on the September 2022 acquisition of MercyOne, but the 16-medical-center network is fast becoming a key revenue source for the Livonia, Mich.-based health system, COO Ben Carter told investors.

The proposed acquisition by HCA Healthcare of Manchester, N.H.-based Catholic Medical Center will “merit a lot of close scrutiny,” according to New Hampshire Attorney General John Formella in an Oct. 23 Maine Public Radio report.

When the two CEOs sat down in early March with Becker’s to discuss the merits of the proposed $11 billion merger between Presbyterian Healthcare Services and UnityPoint Health, there was a lot of positivity in the air.

Bankrupt Mercy Iowa City hospital said it has reached an impasse to resolve a disagreement with the successful bidder for the 234-bed facility.

Salem (Ore.) Health has acquired Hope Orthopedics, a Salem-based group, effective Sept 29, and hired most of its physicians and employees, according to the Salem Reporter. 

Two faith-based health systems, Memphis, Tenn.-based Baptist Memorial Health Care and Meridian, Miss.-based Anderson Regional Health System, plan to merge into a 24-hospital system in January.

Henry Ford Health and Ascension Michigan are entering a joint venture, in which Henry Ford would essentially fold Ascension’s sites of care in the southeastern region of the state under its brand.

Talks between state officials and Yale New Haven (Conn.) Health over its proposed purchase of three Connecticut hospitals have broken down as the sides failed to agree on whether to keep such discussions confidential, according to an Oct. 17 CT Mirror …