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.
Category: Hospital Transactions and Valuation
House bill would give FTC authority over nonprofit hospitals
Lawmakers are reviving efforts to give the Federal Trade Commission authority to investigate nonprofit hospitals for anticompetitive behavior.
Tenet seeks $250M yearly investment in ambulatory settings
Dallas-based Tenet Healthcare is aiming to invest $250 million annually in outpatient facility mergers and acquisitions as margins in that sector remain “phenomenal.”
18 hospital, health system sales in the works
Here are 18 planned hospital and health system sales Becker’s has reported on in 2023:
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.
