A joint venture between two real estate investment groups has resulted in the purchase of an outpatient facility in Rhode Island largely operated by Providence-based Lifespan Health, according to an Aug. 3 Boston Real Estate Times report.
Category: Hospital Transactions and Valuation
Cincinnati Children's acquires new primary care practice
Cincinnati Children’s has acquired primary care practice Pediatric Associates of Cincinnati, Cincinnati Business Courier reported Aug. 7.
Lawmakers butt heads on private equity in healthcare
Private equity investment in the healthcare sector is booming, and Democratic lawmakers are concerned, according to a report in The Wall Street Journal.
University of Iowa to acquire troubled 234-bed hospital
University of Iowa plans to acquire Mercy Iowa City, a 234-bed, financially troubled hospital that is resisting an investment firm’s takeover, according to a news release shared with Becker’s.
Labcorp to acquire Tufts lab assets
Boston-based Tufts Medicine is selling its outreach laboratory business for an undisclosed amount to Labcorp as the first step to a broader partnership, Boston Business Journals reported Aug. 3.
'We are alike in many ways': Logan Health, Billings Clinic to merge Sept. 1
Kalispell, Mont.-based Logan Health, a six-hospital system, and Billings Clinic will merge Sept. 1 after receiving regulatory approval, according to an Aug. 3 news release.
Hospital that filed for bankruptcy explores partnership with 6-hospital system
Modesto, Calif.-based American Advanced Management has written a letter of intent to operate the bankrupt Hazel Hawkins Memorial Hospital.
'A win for patients': Medtech company scraps $875M acquisition after FTC investigation
CooperCompanies, a global medical device company headquartered in Pleasanton, Calif., has terminated its $875 million proposed acquisition of Cook Medical Holdings’ reproductive health business.
Mercy to acquire Missouri health system
Cape Girardeau, Mo.-based SoutheastHealth has signed a definitive agreement to join St. Louis-based Mercy, a 42-hospital system.
Centura Health folds into CommonSpirit
Centennial, Colo.-based Centura Health is folding into CommonSpirit Health, with the Chicago-based system now managing 20 of its hospitals with plans to retire the Centura brand.
