Category: Hospital Transactions and Valuation

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.

Ascension sells Alabama hospital

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. 

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…