Watsonville (Calif.) Community Hospital could soon be under new management after enough funding was raised to support the Pajaro Valley Healthcare District Project’s bid to purchase the facility, news channel KSBW reported Aug. 23.
Category: Hospital Transactions and Valuation
Hospital M&A: 7 recent deals
Several hospitals and health systems are pursuing merger and acquisition deals, and a few transactions have been called off in recent months.
Singing River Health System leaders push for sale of hospital
Gautier, Miss.-based Singing River Health System’s administration is asking Jackson County leaders to sell the hospital, which has been owned by the county for almost a century, due to financial troubles, the Sun Herald reported Aug. 18.
Lahey Hospital, UMass Chan Medical School ink letter of intent to collaborate on campus
Lahey Hospital and Medical Center in Burlington, Mass., has signed a letter of intent with Worcester, Mass.-based UMass Chan Medical School to collaborate on a regional medical campus.
ChristianaCare, Prospect Medical Holdings cancel 4-hospital deal
ChristianaCare signed a letter of intent in February to acquire Crozer Health from Prospect Medical Holdings. The health systems announced Aug. 18 that the deal will not move forward.
FTC urges states to avoid adopting laws that shield hospitals from antitrust oversight
The Federal Trade Commission highlighted the pitfalls of using Certificates of Public Advantage in a new policy paper and fact sheet.
MultiCare, Yakima Valley Memorial extend merger discussions
Tacoma, Wash.-based MultiCare Health System and Yakima (Wash.) Valley Memorial Hospital have extended the timeline for merger discussions, the Yakima Herald-Republic reported Aug. 14.
Private equity deal-making in healthcare: 5 takeaways from 1st half of 2022
New York City-based Oliver Wyman released findings on private equity deals in healthcare based on data from the first half of 2022.
12 hospital deals called off in past year
There were several hospital mergers, acquisitions, affiliations and partnerships that, at some point in their lifetime, were called off in the past year.
Flager Health+ explores joining another system
St. Augustine, Fla.-based Flagler Health+ announced that the board of trustees and leadership team began a formal process to explore joining a ‘like-minded health system,’ according to an Aug. 9 press release from the organization.
