The Federal Trade Commission has ramped up antitrust enforcement under the Biden administration, leading to the abandonment of several high-profile hospital transactions.
Category: Hospital Transactions and Valuation
When acquiring a hospital means navigating a hurricane
In September, St. Luke’s Hospital in Columbus, N.C., and Altamonte Springs, Fla.-based AdventHealth were preparing for a significant milestone: AdventHealth’s planned management of St. Luke’s on Oct. 1. But Hurricane Helene loomed, threatening both the…
Health systems lock in acquisitions as year draws to a close
As the calendar flipped to the final month of 2024, several health systems closed M&A deals that were first announced earlier in the year:
Michigan hospital joins Insight Health
Flint, Mich.-based Insight Health System officially acquired Coldwater (Mich.) Regional Hospital from Toledo, Ohio-based ProMedica on Dec. 1.
Tennessee hospital joins Prisma Health
Greenville, S.C.-based Prisma Health has officially acquired Maryville, Tenn.-based Blount Memorial Hospital, a 304-bed, nonprofit community hospital.
Kaiser's Risant Health acquires 2nd health system
Risant Health, a nonprofit formed by Oakland, Calif.-based Kaiser Permanente, acquired Greensboro, N.C.-based Cone Health, a five-hospital system, effective Dec. 1.
CHS subsidiary buys multiple Arizona urgent care centers
Northwest Urgent Care has wrapped the acquisition of specific urgent care centers in Arizona that are owned and run by Oakland, Calif.-based Carbon Health.
Pennsylvania health system sale collapses
Franklin, Tenn.-based Community Health Systems’ planned $120 million sale of Commonwealth Health to a newly formed nonprofit organization has collapsed.
Indiana system pulls merger application for HCA hospital
Terre Haute, Ind.-based Union Health has withdrawn its certificate of public advantage agreement for its proposed merger with Terre Haute Regional Hospital, a 278-bed facility operated by Nashville, Tenn.-based HCA Healthcare.
McLaren acquires 10 primary care clinics
Grand Blanc, Mich.-based McLaren Health Care has acquired Park Medical Centers, which operates 10 clinics in the Detroit metro area.
