Category: Hospital Transactions and Valuation

Presbyterian Healthcare, UnityPoint Health to explore possible merger

Albuquerque, N.M.-based Presbyterian Healthcare Services and West Des Moines, Iowa-based UnityPoint Health are exploring the possibility of a merger that could result in an approximately $11 billion entity.

Lifepoint acquires 4 inpatient rehab facilities

Brentwood, Tenn.-based Lifepoint Health has acquired four inpatient rehabilitation facilities from Dallas-based Everest Rehabilitation Hospitals.

Iowa health systems combine

Davenport, Iowa-based Genesis Health System is now part of MercyOne, the West Des Moines, Iowa-based subsidiary of Trinity Health. 

The FTC could come for 'cross-market' hospital mergers next

Several mergers between health systems in different states closed in the last year, with more “megamergers” anticipated to come as large systems pursue further economies of scale amid challenging financial headwinds, according to McDermott Will and Eme…

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.