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.

DAP Health completes acquisition of bankrupt California clinics

DAP Health’s acquisition of bankrupt Borrego Springs, Calif.-based clinic chain Borrego has received final approvals, and the two will now operate as one integrated system.