Category: Hospital Transactions and Valuation

Marietta, Ga.-based Wellstar Health System has received approval from the Georgia Office of the Attorney General to take over Augusta (Ga.) University Health, Atlanta Business Chronicle reported July 28. 

Shuttered Madera (Calif.) Community Hospital reached an initial agreement to have Roseville, Calif.-based Adventist Health take over operations, an unnamed source told The Fresno Bee July 27.

Franklin, Tenn.-based Community Health Systems recently announced it is selling three Florida hospitals to Tampa (Fla.) General Hospital, bringing the total number of hospitals it is selling in 2023 to seven.  

Sioux Falls, S.D.-based Sanford Health and Minneapolis-based Fairview Health Services have hit the breaks on their merger after multiple delays.

Peoria, Ill.-based OSF HealthCare received approval from the Illinois Health Facilities and Services Review Board for a certificate of application to takeover shuttered Spring Valley, Ill.-based St. Margaret’s Health.

Duluth, Minn.-based Essentia Health and Marshfield (Wis.) Clinic Health System have signed an integration agreement to form a 25-hospital regional health system across four states.

Nine months ago, Maryville, Tenn.-based Blount Memorial Hospital tried and failed to sell a wellness facility in nearby Alcoa.

Franklin, Tenn.-based Community Health Systems subsidiaries have signed a definitive agreement to sell three Florida hospitals to Tampa General Hospital.

Some of the largest healthcare mergers and acquisitions over the last year were cross-market transactions, a trend that is expected to pick up steam despite the Federal Trade Commission taking a firmer stance on deals that could potentially violate fed…

Doylestown (Pa.) Health is selling its Pine Run Retirement Community and related assets to Presbyterian Senior Living in an $80.6 million deal, The Philadelphia Business Journal reported July 19.