Category: Hospital Transactions and Valuation

HCA subsidiary to acquire 3-hospital system in Texas

Dallas-based Medical City Healthcare, a division of HCA Healthcare, is advancing talks to acquire Wise Health System, a three-hospital system headquartered in Decatur, Texas, according to the Fort Worth Star-Telegram.

Grand View Health, Doylestown Health form deeper alliance

Sellersview, Pa.-based Grand View Health said it has formed an alliance with Doylestown (Pa.) Health to “deepen” the relationship between the two systems.

Little Company of Mary Sisters passes Indiana hospital to Deaconess

Memorial Hospital and Health Care Center, based in Jasper, Ind., has signed a letter of intent to affiliate with Evansville, Ind.-based Deaconess Health System, the Dubois County Free Press reported Feb. 21. 

Blount Memorial CEO hits back at mayor's call to have U of Tennessee run hospital

Blount (Tenn.) Memorial Hospital CEO Harold Naramore, MD, is accusing Blount County Mayor Ed Mitchell of interfering in hospital operations after the mayor proposed Knoxville-based University of Tennessee Medical Center take over operations of the hosp…

New York hospitals scrapping merger is 'good news for patients and healthcare workers,' FTC says

The Federal Trade Commission has welcomed the State University of New York Upstate Medical University and Crouse Health System’s decision to abandon their proposed merger, which it said would have left Syracuse with just two hospital systems — Ups…

Logan Health, Billings Clinic pursuing merger

Kalispell, Mont.-based Logan Health, a six-hospital system, and Billings Clinic have inked a letter of intent to explore merging into one independent health system to improve healthcare access, service and quality in Montana and northern Wyoming. 

Mayor asks U of Tennessee to take over Blount County Memorial

Blount County, Tenn., Mayor Ed Mitchell will ask the Blount County Board of Commissioners to transfer operations ownership of Blount County Memorial Hospital to Knoxville-based University of Tennessee Medical Center, The Daily Times reported Feb. 15.

Steward to sell 5 hospitals to CommonSpirit

CommonSpirit Health will acquire Steward Health Care’s sites of care in Utah, which will then be managed by Centura Health, the systems announced Feb. 15. 

AtlantiCare inks joint venture to operate new hospital, 13 physical therapy centers

Atlantic City, N.J.-based AtlantiCare, a two-hospital system, and Select Medical have forged a joint venture to own and operate a new inpatient rehabilitation hospital in Galloway Township, N.J., and 13 outpatient physical therapy facilities in southea…

UHS, LVHN team up for behavioral health joint venture in Pennsylvania

Pennsylvania-based health systems Lehigh Valley Health Network and Universal Health Services have partnered to build a behavioral health hospital in the state’s Hanover Township.