Category: Hospital Transactions and Valuation

Washington (Pa.) Health System — one of only three independent health systems in the Pittsburgh area — may be considering a merger, the Pittsburgh Post-Gazette reported March 28. 

St. Louis-based Mercy has finalized a lease agreement to operate and manage the county-owned Perry County Memorial Hospital in Perryville, Mo., with the organizations expected to integrate this fall. 

Baton Rouge, La.-based Franciscan Missionaries of Our Lady Health System will work with the Jackson County Board of Supervisors to acquire Singing River Health System, which has hospitals in Ocean Springs, Pascagoula and Gulfport, Miss.

The Jasper (Texas) Hospital District board voted to sell the former Dickerson Memorial Hospital and its associated properties, kjas.com reported March 22.

A Harvard Business Review analysis of 42 hospital-leveraged buyouts from 2003 to 2017 urged policy discussions on private equity in healthcare to move beyond a “good” or “bad” framing.

A Harvard Business Review analysis of 42 hospital-leveraged buyouts from 2003 to 2017 urged policy discussions on private equity in healthcare to move beyond a “good” or “bad” framing.

As hospitals deal with the financial fallout of the COVID-19 pandemic, some are exploring mergers with bigger systems, a move that the American Hospital Association says can “expand and preserve access to care.

Morristown, N.J.-based Atlantic Health System has acquired Thompson Healthcare & Sports Medicine, which has more than 75 providers at 11 locations across central and southern New Jersey.

Billboards along California roadways are calling for more oversight of healthcare mergers, the Public News Service reported March 14. 

Tewksbury, Mass.-based Covenant Health has called off its plan to acquire Day Kimball Healthcare, a health system based in Putnam, Conn., The Connecticut News Project reported March 14.