Category: Hospital Transactions and Valuation

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:

Benefis Health acquires Montana hospital

Great Falls, Mont.-based Benefis Health System has acquired Missouri River Medical Center in Fort Benton.

Another hospital joins West Virginia's largest health system

Grant Memorial Hospital in Petersburg, W.Va., became a full member of the West Virginia University Health System, effective July 1.

ProMedica to sell shuttered Michigan hospital

Toledo, Ohio-based ProMedica is selling a hospital in Tecumseh, Mich., which has been closed since 2020.

Micro-hospital network opens Louisiana hospital

Houston-based Nutex Health, a micro-hospital network, opened the Covington Trace ER & Hospital, in Mandeville, La. 

Georgia health system expedites hospital takeover amid rising losses

Gainesville-based Northeast Georgia Health System has expedited its takeover of Demorest, Ga.-based Habersham Medical Center as Habersham continued to bleed money, according to a July 5 Atlanta Business Chronicle report.

11 of the largest M&A healthcare transactions in 1st half of 2023

Healthcare M&A continued apace in the first six months of this year. Here are some of the most significant transactions during the period.