Category: Hospital Transactions and Valuation

AHA asks FTC to scrap proposed changes to premerger rules

The American Hospital Association wants the Federal Trade Commission to pull its proposed changes to premerger notifications under the Hart-Scott-Rodino Act, which requires organizations to report large transactions to the FTC and Justice Department fo…

15 M&A transactions making headlines in August

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

OHSU acquisition of Legacy may be best option but questions remain, nurses say

The planned takeover of Legacy Health by Portland, Ore.-based Oregon Health and Science University may improve transparency and be the best option, the Oregon Nurses Association said.

Wellstar, AU Health become unified system

Marietta, Ga.-based Wellstar Health System and Augusta (Ga.) University Health System are officially one, effective Aug. 30. 

Northwell Health, ProHEALTH Dental launch strategic oral health partnership

New Hyde Park, N.Y.-based Northwell Health will expand oral health services in New York through a strategic partnership with ProHEALTH Dental. 

Washington hospital buys bank building

Pullman (Wa.) Regional Hospital spent $2.45 million to purchase a bank building that it will use for administrative space.

Cross-market mergers can lead to increased patient prices, report says

While larger health systems tend to tout the supposed benefits of consolidation, cross-market mergers in particular could be leading to higher prices and potentially lower quality of care, according to an Aug. 23 KFF report.

Mercy hospital properties valued at 7 times its selling price

Despite signing a letter of intent to be acquired by the University of Iowa for $20 million, a recent review of Iowa City-based Mercy Hospital assessed its value at $137.3 million, The Gazette reported Aug. 21.

Boone Memorial acquires pharmacy assets

Madison, W.Va.-based Boone Memorial Health is set to acquire Family Life Pharmacy assets and a pharmacy building.

Yale New Haven Health target owes more than $1.6M in taxes

Los Angeles-based Prospect Medical Holdings, which is planning to sell three Connecticut hospitals to Yale New Haven Health, owes more than $1.6 million in taxes in the state, according to a CT Insider Aug. 21 report.