Category: Hospital Transactions and Valuation

How health system M&As have fluctuated over the last decade

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…

Health system M&A revenues hit $45B in 2022, mega mergers surge: 7 notes

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

Tenet to sell California hospital

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

University dean heightens opposition to Sanford, Fairview merger

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. 

Optum partners with 2nd healthcare system in a matter of days, adding almost 2,000 employees

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.

UChicago Medicine, AdventHealth finalize joint venture

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. 

Hospital to shutter ED after joining WVU Medicine

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

UMass Memorial, Heywood Healthcare call off merger plans

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

HCA's Medical City Healthcare in talks to acquire Wise Health System

Dallas-based Medical City Healthcare, a division of HCA Healthcare, is in exclusive acquisition talks with Decatur, Texas-based Wise Health System’s board of directors.

Excela, Butler finalize merger that creates $1B system

Butler (Pa.) Health System and Greensburg, Pa.-based Excela Health System have finalized their merger, creating a five-hospital system that will serve about 750,000 patients.