Category: Hospital Transactions and Valuation

2 health systems selling off labs

Two financially challenged health systems have recently said they want to sell some of their laboratory assets to Burlington, N.C.-based Labcorp in a bid to help ease such issues.

Aspirus Health and St. Luke's Duluth to combine to form 19-hospital system

Wausau, Wis.-based Aspirus Health and Duluth, Minn.-based St. Luke’s have signed a letter of intent to affiliate and jointly serve patients in their home states and Michigan, according to a July 12 release.

Aspirus Health and St. Luke's Duluth to combine to form 19-hospital system

Wausau, Wis.-based Aspirus Health and Duluth, Minn.-based St. Luke’s have signed a letter of intent to affiliate and jointly serve patients in their home states and Michigan, according to a July 12 release.

Christus Health takes out $240M in loans to help finance acquisitions

Irving, Texas-based Christus Health said it has taken out a total of $240 million in loans to help it fund acquisitions, according to a July 10 filing.

UVA Health gaining 5% ownership stake in Riverside Health System as part of new alliance

Charlottesville, Va.-based UVA Health and Newport News, Va.-based Riverside Health System are forming an alliance to increase access to innovative care for complex medical conditions and clinical trials. 

Alaska system acquires nursing home

Bartlett Regional Hospital in Juneau, Alaska, has completed the acquisition of Wildflower Court, a nursing home that has served the community since 1977. 

Health system to expand Illinois hospital after $23.5M acquisition

After acquiring Waukegan, Ill.-based Vista Medical Center East, American Healthcare Systems is looking to add new services to the hospital, the Chicago Tribune reported July 7.

Louisiana system can integrate 3 hospitals while FTC case plays out

A New Orleans federal judge is looking for a speedy resolution to the legal dispute between LCMC Health and the Federal Trade Commission that centers around the health system’s acquisition of three Tulane University hospitals from Nashville, Tenn.-base…

Baylor Scott & White adds 41 urgent care clinics to network

Forty-one urgent care clinics across Texas will join Dallas-based Baylor Scott & White’s network through a new partnership with NextCare Urgent Care.

13 healthcare mergers and acquisitions making headlines in June

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