Category: Hospital Transactions and Valuation

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. 

San Antonio-based Methodist Healthcare inked an agreement to buy Hill Country Memorial in Fredericksburg, Texas, the San Antonio Business Journal reported April 3.

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…

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.

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.

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 (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.

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.

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.

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.