Category: Hospital Transactions and Valuation

Irving, Texas-based Christus Health is planning to integrate a New Mexico hospital into its network, something that is raising concerns among healthcare staff and the local community, according to a June 19 Source NM report.

Winston-Salem, N.C.-based Novant Health agreed to invest $50 million in Burgaw, N.C.-based Pender Medical Center and develop the facility into a community general hospital within the next five years.

State regulators are set to consider Peoria, Ill.-based OSF Healthcare’s application to purchase the shuttered St. Margaret’s Health-Peru (Ill.) hospital Aug. 15, local news outlet WCBU reported June 1.

St. Louis-based BJC HealthCare and Kansas City, Mo.-based St. Luke’s Health System, two financially stable organizations with their own strong brands, intend to form an integrated academic health system by the year’s end. 

The long-awaited incorporation of Exeter (N.H.) Health Resources into Cambridge, Mass.-based Beth Israel Lahey Health has taken a major step forward after the New Hampshire attorney general’s office agreed to the transaction.

Doylestown (Pa.) Health took a step closer to selling its Pine Run retirement community, with a Dec. 30 deadline to complete the transaction, according to a June 13 filing.

Merger and acquisition transactions can often lead to job cuts, but that is not anticipated to be the case with Sayre, Pa.-based Guthrie Clinic’s acquisition of the Our Lady of Lourdes Memorial Hospital system based in Binghamton, N.Y.

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

Fort Wayne, Ind.-based Parkview Health System is to acquire Bryan, Ohio-based Community Hospitals and Wellness Centers, according to a June 8 filing.

Sayre, Pa.-based the Guthrie Clinic has agreed to acquire the Binghamton, N.Y.-based Our Lady of Lourdes Memorial Hospital system.