Category: Hospital Transactions and Valuation

LCMC sues FTC after it challenges acquisition of 3 HCA hospitals

New Orleans-based LCMC Health has filed a lawsuit against the Federal Trade Commission, the Department of Justice and U.S. Attorney General Merrick Garland, seeking clarification on whether a state’s acquisition approval can preempt federal merger revi…

U of South Alabama confirms $85M deal to purchase Ascension Providence Hospital

Mobile, Ala.-based University of South Alabama confirmed it is buying Ascension Providence Hospital in the city in an $85 million transaction that includes the hospital’s clinics.

Controversial North Carolina hospital project takes another step forward

Winston-Salem, N.C.-based Atrium Health Wake Forest Baptist has taken a step forward in its controversial application for a new $246.5 million hospital in Greensboro, N.C.

Charleston Area Medical Center to acquire physician-owned hospital

Charleston (W.Va.) Area Medical Center has filed a letter of intent with the West Virginia Health Care Authority to purchase a majority share of Charleston Surgical Hospital, health system said in a statement shared with Becker’s.

Why US health systems expand overseas — Cleveland Clinic, UPMC, Sanford and Bon Secours leaders weigh in

Some of the United States’ largest and most reputable health systems are expanding their international presence, taking their mission statements and high-quality healthcare services and operations to Europe, South America, Asia and Africa, among other …

U of South Alabama reportedly in talks to buy Ascension hospital

Mobile, Ala.-based University of South Alabama Health is reportedly planning to acquire Ascension Providence Hospital, according to an April 17 report from NBC affiliate WPMI.

Adventist gets approval to acquire Oregon hospital operating in the red

The Oregon Health Authority on April 13 approved Roseville, Calif.-based Adventist Health’s acquisition of the Mid-Columbia Medical Center in the Dalles, Ore., according to the Columbia Community Connection.

UNC affiliate to transfer ownership of long-term care, outpatient hospice units

Lumberton, N.C.-based UNC Health Southeastern is transitioning two of its business areas, seeking to sell a long-term care facility and transferring its current outpatient hospice program.

Intermountain Health invests in 2 Idaho community hospitals

Salt Lake City-based Intermountain Health is partnering with two Idaho hospitals as a minority investor.

Hospital M&A takes new shape post-pandemic

Fifteen hospital and health system transactions were announced in the first quarter of 2023, with a new type of post-pandemic activity taking shape, according to Kaufman Hall.