Columbus-based OhioHealth and Select Medical, an operator of long-term acute care and inpatient rehabilitation hospitals, have inked a definitive agreement to acquire the operating assets of Reunion Rehabilitation Hospital in Dublin, Ohio.
Category: Hospital Transactions and Valuation
Private equity had 2nd-highest year for healthcare deal activity in 2022, report finds
Private equity had its second-best year for healthcare services deal activity in 2022 — 2021 being the best — after firms announced or closed an estimated 863 transactions, according to a Feb. 3 report by market research firm Pitchbook.
U of Minnesota staff, students rally against Fairview, Sanford merger
More than 50 students and medical professionals from the Minneapolis-based University of Minnesota rallied Feb. 3 to protest the proposed merger between Sanford Health and Fairview Health Services, according to the Pioneer Press.
Nutex opens new Arkansas hospital
Houston-based Nutex Health, a micro-hospital network, opened up its 22nd location in Fort Smith, Ark.
Sanford, Fairview CEOs address 6 looming merger concerns
Bill Gassen, CEO of Sioux Falls, S.D.-based Sanford Health, and James Hereford, CEO of Minneapolis-based Fairview Health Services, responded to questions about their organizations’ proposed merger in an interview with NBC affiliate KARE11.
Minnesota nurses push hospital merger oversight bill
The Minnesota Nurses Association is encouraging legislators to pass a bill which would give the state’s health department power to approve or deny hospital mergers based on how they can affect patients and communities.
Florida health systems to combine
St. Augustine, Fla.-based Flagler Health+ plans to join UF Health, the University of Florida’s academic health center, in 2023.
Tower Health to sell 17 urgent care centers
West Reading, Pa.-based Tower Health hopes to cement a deal to sell 17 of its urgent care centers in the coming months, the Philadelphia Business Journal reported Feb. 1
CommonSpirit buys stake in Arabian hospital group
Dignity Health International, the international arm of Chicago-based CommonSpirit Health, has acquired a minority equity stake in RAK Hospital, one of the United Arab Emirates’ most acclaimed private hospitals, according to the Khaleej Times.
Medical students: Sanford-Fairview merger would reduce U of Minnesota's 'academic integrity'
Medical students, state representatives and a nurses union spoke out against a proposed merger between Sioux Falls, S.D.-based Sanford Health and Minneapolis-based Fairview Health Services at a Jan. 30 Minnesota House meeting.
