Category: Hospital Transactions and Valuation

Marietta, Ga.-based Wellstar Health System and Augusta (Ga.) University Health System have finalized their merger agreement, The Augusta Chronicle reported May 2. 

Oklahoma City-based Integris Health will take over as operator of Woodward (Okla.) Hospital after AllianceHealth’s lease expires Nov. 30.

Nashville, Tenn.-based Ardent Health has swapped one private investor for another.

CommonSpirit completed its acquisition of Steward Health Care’s sites of care in Utah, which will be managed by Centennial, Colo.-based Centura Health. 

Brentwood, Tenn.-based Quorum Health is selling Waukegan, Ill.-based Vista Medical Center East to American Healthcare Systems, the Lake County News-Sun reported April 28. 

West Virginia may gain a larger academic health system through the combination of Huntington-based Mountain Health Network, Marshall Health and Marshall University, which have signed a letter of intent to combine. 

Oakland, Calif.-based Kaiser Permanente has agreed to acquire Geisinger Health in a deal that will make the Danville, Pa.-based health system the first to join Risant Health, a new nonprofit organization created by the Kaiser Foundation Hospitals.

Lawmakers are reviving efforts to give the Federal Trade Commission authority to investigate nonprofit hospitals for anticompetitive behavior. 

Dallas-based Tenet Healthcare is aiming to invest $250 million annually in outpatient facility mergers and acquisitions as margins in that sector remain “phenomenal.”

Here are 18 planned hospital and health system sales Becker’s has reported on in 2023: