Category: Hospital Transactions and Valuation

Some of the largest healthcare merger and acquisition deals in 2022 involved cross-market transactions, and this trend is expected to continue in 2023, a report from Kaufman Hall said.

Morgantown, W.Va.-based WVU Medicine will acquire Welch (W.Va.) Community Hospital after the McDowell County Commission approved the takeover, according to the Bluefield Daily Telegraph.

Hospital and health system mergers and acquisitions are projected to regain momentum in the following years as providers adapt to tougher financial conditions and look for strategic partnerships either to scale or stay afloat, according to a Kaufman Ha…

Healthcare transaction revenues hit all-time highs in 2022, according to an analysis from Kaufman Hall.

John Muir Health has entered into a definitive agreement with Tenet Healthcare to acquire sole ownership of San Ramon (Calif.) Regional Medical Center. 

Unionized healthcare workers and the Minneapolis-based University of Minnesota are continuing to push back against a proposed merger between Fairview Health Services, also based in Minneapolis, and Sioux Falls-based Sanford Health. 

Eden Prairie, Minn.-based Optum secured its second partnership agreement in a matter of days with a healthcare system to take over its revenue cycle management and information technology operations.

University of Chicago Medicine and AdventHealth began 2023 with closure of their joint venture, leaving UChicago Medicine with controlling interest in four AdventHealth hospitals in Illinois. 

Charleston, W.Va.-based Saint Francis Hospital will close its emergency department Feb. 1, FOX11 reported Jan. 6. 

Worcester, Mass.-based UMass Memorial Health and Gardner, Mass.-based Heywood Healthcare have called off merger plans, the Boston Business Journal reported Jan. 6.