Category: Hospital Transactions and Valuation

Colorado system's delayed merger with UCHealth faces January deadline

Pueblo, Colo.-based Parkview Health System has until Jan. 24 to come to a merger agreement with Aurora, Colo.-based UCHealth before any such deal could fall apart, according to an Oct. 16 filing.

St. Luke's, Aspirus inch closer to 19-hospital merger

Duluth, Minn.-based St. Luke’s and Wausau, Wis.-based Aspirus Health have signed a definitive agreement to form a 19-hospital system with more than 130 outpatient locations and 14,000 employees.

Christus Health buys out partner to fully own New Mexico hospital 

Christus Health has bought the 50% of Santa Fe, N.M.-based St. Vincent Regional Medical Center it didn’t already own.

Financial stress driving hospital M&As: Report

More than one-third of hospital and health system transactions announced in the third quarter involved an entity that cited financial distress as a driving factor, according to a Kaufman Hall M&A report published Oct. 12.

Baptist Health to acquire Arkansas system

Little Rock, Ark.-based Baptist Health has reached a definitive agreement to add Monticello, Ark.-based Drew Memorial Health System to its enterprise. 

Pipeline Health now a 4-hospital system

El Segundo, Calif.-based Pipeline Health is now a four-hospital system — all of which are in the Los Angeles area —- after it completed the sale of White Rock Medical Center in Dallas to Heights Healthcare of Texas.

UnityPoint, Presbyterian call off merger

Albuquerque, N.M.-based Presbyterian Healthcare Services and West Des Moines, Iowa-based UnityPoint Health have called off a planned $11 billion merger, the two systems said Oct. 11.

Yale New Haven acquires 26-location urgent care provider

Yale New Haven (Conn.) Health System has acquired PhysicianOne Urgent Care, which operates 26 urgent care facilities across Massachusetts, New York and Connecticut, according to its website. 

New York systems to form 5-hospital entity

Ithaca, N.Y.-based Cayuga Health System and Arnolt Health are seeking regulatory approval from the state to affiliate as members of a parent company which would comprise five hospitals.

Prime sells California hospital

Ontario, Calif.-based Prime Healthcare is selling its 302-bed Alvarado Hospital Medical Center to UC San Diego Health for $200 million.