Category: Hospital Transactions and Valuation

3-hospital system for sale receives multiple bids

Multiple proposals have been submitted by companies seeking to buy Singing River Health System, with the Jackson County Board of Supervisors setting a deadline of April 14 to select the best bid and begin negotiations with that group, according to the …

SUNY Upstate spent $10M on consultants amid failed merger: Report

Syracuse, N.Y.-based SUNY Upstate University Hospital spent $10 million bringing in outside consultants to advise on the now-failed merger with Syracuse-based Crouse Health, syracuse.com reported March 13. 

Public has until end of March to comment on planned Parkview acquisition by UCHealth

The planned acquisition of Pueblo, Colo.-based Parkview Health System by UCHealth is now entering the public comment stage with a deadline for such comments of March 31, the Pagosa Daily Post reported March 13.

UPMC completes acquisition of Ireland hospital

Pittsburgh-based UPMC has completed the acquisition of Sports Surgery Clinic, an independent hospital specializing in orthopedic surgery in Dublin, Ireland.

Minnesota attorney general subpoenas Sanford CEO as merger talks inch forward

Minnesota Attorney General Keith Ellison has issued subpoenas to Sioux Falls, S.D.-based Sanford Health, its CEO Bill Gassen confirmed at a March 8 state Senate hearing. Mr. Ellison’s investigation into Sanford’s proposed merger with Minneapolis-based …

Beth Israel Lahey Health and Exeter Health combination inching forward

The long-awaited combination of Cambridge, Mass.-based Beth Israel Lahey Health and Exeter (N.H.) Health Resources has taken another step forward after a public meeting earlier this month, according to a March 7 report in The Salem News.

Fairview, Sanford say university can take hospital back, but details still unclear

Ahead of their proposed merger, Fairview Health Services and Sanford Health have offered to return Minneapolis’ east and west bank hospitals to the University of Minnesota — but the details of that transaction remain unclear, according to the Star Trib…

CarolinaEast Health ends affiliation with UNC Health

New Bern, N.C.-based CarolinaEast Health System is ending its partnership with Chapel Hill, N.C.-based UNC Health on March 31, the New Bern Sun Journal reported March 6.

Healthcare M&A carries on strong momentum into February: 12 transactions to note

Here are 12 major hospital and healthcare merger and acquisition-related transactions from February:

Presbyterian Healthcare and UnityPoint unite: How an $11B merger unfolded

Clay Holderman, CEO of UnityPoint Health, and Dale Maxwell, CEO of Presbyterian Healthcare Services, had been talking for a while about seeking partnerships with other health systems when it finally dawned on them they should be talking to each other a…