Category: Hospital Transactions and Valuation

16 hospital ownership changes made in 1 day

Six Steward hospitals in Massachusetts were among 16 hospitals that came under new ownership on Oct. 1: 

Methodist Healthcare acquires Texas rehabilitation hospital

San Antonio-based Methodist Healthcare has acquired San Antonio Rehabilitation Hospital from NewEra IRF Holdings, an integrated commercial real estate development and capital investment company.

UMass Memorial Health acquires medical center

Worcester, Mass.-based UMass Memorial Health has acquired Milford (Mass.) Regional Medical Center and the Milford Regional Physician Group as part of a new corporate affiliation.

Overlake officially joins MultiCare: 5 things to know

Bellevue, Wash.-based Overlake Medical Center & Clinics has officially joined Tacoma, Wash.-based MultiCare Health System.

California governor vetoes bill clamping down on private equity healthcare deals

California Gov. Gavin Newsom vetoed a bill that would have given the state’s attorney general the authority to review and veto private equity healthcare deals deemed bad for patients and consumers, NPR affiliate KQED reported Sept. 30. 

Henry Ford Health officially expands with Ascension Michigan: 7 things to know

Detroit-based Henry Ford Health and Ascension Michigan have officially launched their joint venture to improve healthcare access, experience and outcomes. 

Tenet completes sale of 5 Alabama hospitals: 6 things to know

Dallas-based Tenet Healthcare has completed the sale of its 70% majority ownership interest in Birmingham, Ala.-based Brookwood Baptist Health to Orlando (Fla.) Health. 

CHS sells 2 North Carolina hospitals

Iredell Health System acquired Davis Regional Psychiatric Hospital and Davis Regional Medical Center in Statesville, N.C., from Franklin, Tenn.-based Community Health Systems, effective Oct. 1. 

Connecticut governor nudges Prospect, Yale New Haven hospital deal forward

Connecticut Gov. Ned Lamont held a meeting the week of Sept. 16 with leaders of Los Angeles-based Prospect Medical Holdings and Yale New Haven (Conn.) Health to try and provide “tough love” to revive a stalled $435 million deal for Yale New Haven to ta…

OHSU files notice for Legacy merger: 7 things to know

Portland-based Oregon Health & Science University has filed a healthcare market oversight notice with the Oregon Health Authority that details plans to become an integrated, full-service public university health system with Portland, Ore.-based Legacy …