Carle Health has added three Peoria, Ill.-based UnityPoint Health – Central Illinois hospitals into its system.
Category: Hospital Transactions and Valuation
Nonprofit system to acquire Arkansas hospital from CHS
South Arkansas Regional Hospital has signed a definitive agreement to acquire El Dorado-based Medical Center of South Arkansas from subsidiaries of Community Health Systems.
Methodist buys hospital in high-growth area
San Antonio-based Methodist Healthcare inked an agreement to buy Hill Country Memorial in Fredericksburg, Texas, the San Antonio Business Journal reported April 3.
Sanford, Fairview delay merger again
Sioux Falls, S.D.-based Sanford Health and Minneapolis-based Fairview Health Services are again delaying their proposed merger, which would create a health system with more than 50 hospitals and 78,000 employees if approved, the Star Tribune reported A…
U of Michigan Health's Sparrow acquisition closes, creates $7B system
The University of Michigan Health has officially acquired Lansing, Mich.-based Sparrow Health System to become a $7 billion health system with more than 200 sites of care, according to an April 3 news release shared with Becker’s.
Christus Health acquires 12-location cardiology group
After nearly two years of discussions, Irving, Texas-based Christus Health has acquired CardiaStream to create the largest cardiology group in East Texas, the Dallas Business Journal reported April 4.
Community Health Systems completes $92M sale of West Virginia hospital
Franklin, Tenn.-based Community Health Systems completed a $92 million sale of Oak Hill, W.Va.-based Plateau Medical Center to Charleston, W.Va.-based Vandalia Health.
Doylestown Health could be on verge of selling Pine Run retirement community
Doylestown (Pa.) Health is looking set to sell its Pine Run retirement community as it seeks to raise funds in a battle to become more financially secure.
Wellstar to invest $800M in Augusta University Health System
The boards of Atlanta-based Wellstar Health System and Augusta (Ga.) University Health System approved a new affiliation that will see Wellstar invest $800 million in Augusta facilities over the next 10 years.
PE firm inks 11-hospital real estate deal for $859M
Australian private equity firm HMC Capital has inked a $859 million deal to acquire 11 U.S. hospital properties from Birmingham, Ala.-based Medical Properties Trust, the Financial Review reported March 29.
