Mobile, Ala.-based University of South Alabama announced that Ascension Providence Hospital and its clinics are part of USA Health, the university’s academic health system.
Category: Hospital Transactions and Valuation
Yale has 'mounting concerns' about acquiring Prospect Medical hospitals
Yale (Conn.) New Haven Health signed a deal in November to acquire three hospitals owned by Prospect Medical. The slow regulatory approval process and a recent cyberattack that disrupted the hospitals’ IT systems have Yale concerned about the viability…
Sutter Health absorbs Central Coast clinic group
Sacramento, Calif.-based Sutter Health is expanding its California Central Coast presence with the integration of Sansum Clinic, a 36-facility outpatient network based in the Santa Barbara area.
Why Catholic Medical Center sees HCA as the right merger partner
Manchester, N.H.-based Catholic Medical Center’s CEO Alex Walker said the health system has been on a mission to find a “partner that will, first and foremost, support our mission of health, healing and hope, as well as a partner who will embrace who w…
UMass Memorial, Milford Regional explore merger
Milford (Mass.) Regional Medical Center is exploring a “potential corporate affiliation” with Worcester-based UMass Memorial Health, the largest nonprofit healthcare system in Central Massachusetts, the two entities said Sept. 27.
Catholic system exploring HCA merger
Manchester, N.H.-based Catholic Medical Center has signed a nonbinding letter of intent to explore a potential merger with Nashville, Tenn.-based HCA Healthcare.
8 cross-market health system mergers ranked by annual revenue
Some of the largest health system mergers and acquisitions over the two years have been cross-market transactions, a trend that is anticipated to gather momentum despite the Federal Trade Commission taking a firmer stance on deals that could potentiall…
Debt, cyberattack threaten Yale New Haven acquisition of Prospect hospitals
The CEO of Derby, Conn.-based Griffin Hospital warned Gov. Ned Lamont that the debt burden of the hospital’s parent company, Prospect Medical Holdings, and a recent cyberattack could complicate a potential sale to Yale New Haven Health, CT Mirror repor…
Pipeline Health to sell hospital, exit Texas
El Segundo, Calif.-based Pipeline Health has agreed a deal to sell White Rock Medical Center in Dallas to Heights Healthcare of Texas. The sale is expected to close on or before Oct. 2.
CHOP, Lehigh Valley Health Network to affiliate
Children’s Hospital of Philadelphia and Allentown, Pa.-based Lehigh Valley Health Network have inked an affiliation agreement to expand on their long-standing relationship.
