Category: Hospital Transactions and Valuation

LCMC Health finalized its $150 million purchase of three hospitals in Tulane, La., from HCA Healthcare Jan. 3 after securing approval from the Louisiana Department of Justice. 

Charleston (W.Va.) Area Medical Center, part of Vandalia Health, acquired Ronceverte, W.Va.-based Greenbrier Valley Medical Center from Community Health Systems Jan. 1, according to MetroNews.

Severe staffing shortages at Madera (Calif.) Community Hospital are forcing permanent closure sooner than expected, according to a report from ABC 30 Action News.

Seattle Children’s Hospital acquired the headquarters of Renton, Wash.-based Providence for $84 million, the Puget Sound Business Journal reported Dec. 28. 

Bankrupt clinic chain Borrego Health will auction off millions of dollars worth of real estate, medical equipment and other property in January, the San Diego Union-Tribune reported Dec. 24. 

Augusta (Ga.) University Health System signed a letter of intent to join Marietta, Ga.-based Wellstar Health System.

Hospitals and health systems face a variety of short- and long-term challenges in the year ahead, and one can be summed up in just a few letters: the FTC.

Madera (Calif.) Community Hospital plans to file for bankruptcy Jan. 3 and close within the month.

The Wall Street Journal is monitoring nonprofit health systems and recently published an article scrutinizing where the largest systems are expanding and contracting.

St. Francis Medical Center in Trenton, N.J., on Dec. 21 transitioned to a freestanding emergency room that offers various outpatient services after Capital Health acquired the hospital from Trinity Health, according to PBS affiliate WHYY.