Category: Hospital Transactions and Valuation

Union raises concerns over UPMC takeover of Pennsylvania health system

SEIU Healthcare Pennsylvania workers voiced concerns that a proposed merger between Pittsburgh-based UPMC and Washington (Pa.) Health System would harm patients and workers, Observer-Reporter Oct. 5.

The healthcare deals under the microscope

Elevance’s proposed $2.5 billion acquisition of Blue Cross and Blue Shield of Louisiana was put on hold in late September after the deal came under scrutiny from state senators and the attorney general.

West Virginia has a new academic health system

West Virginia is now home to a larger academic health system through the combination of Huntington-based Mountain Health Network, Marshall Health and Marshall University, which was finalized Oct. 5. 

Mercy Iowa City auction postponed

The auction for the bankrupt Mercy Iowa City hospital was postponed late Oct. 4 after a day of legal negotiations behind closed doors, according to a report from The Gazette.

Minnesota attorney general seeks feedback on 2 healthcare mergers

Minnesota Attorney General Keith Ellison will hold a public meeting Oct. 25 to engage local communities as part of a review to ensure two proposed mergers in the state are in compliance with both federal and state law, according to an Oct. 3 Duluth New…

Froedtert Health acquiring Ascension's stake in health plan

Milwaukee-based Froedtert Health has struck a deal to acquire Ascension Wisconsion’s stake in Network Health, the health insurer jointly owned by the systems.  

11 M&A deals making headlines in September

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

Rival bid challenges U of Iowa health system for troubled hospital

Mercy Iowa City hospital is now under auction as a rival bid is competing with the University of Iowa health system, The Gazette reported Oct. 3. 

Inspira Health completes Salem Medical Center integration

Mullica Hill, N.J.-based Inspira Health has completed the integration of Salem, N.J.-based Salem Medical Center, which has been rebranded as Inspira Medical Center Mannington. 

Ohio hospitals, outpatient facility join Parkview Health system

Three Ohio facilities, including two hospitals, operated by Community Hospitals and Wellness Centers are now officially part of Fort Wayne, Ind.-based Parkview Health.