Pure Health, an integrated healthcare platform based in the United Arab Emirates, signed an agreement to acquire a 30-hospital health system based in Nashville, Tenn.
Category: Hospital Transactions and Valuation
Trinity acquires MercyOne Health System
MercyOne Health System is now a full member of Livonia, Mich.-based Trinity Health.
California hospital is now publicly owned after healthcare district raises $67M for purchase
The Pajaro Valley (Calif.) Health Care District finalized the purchase of the Watsonville (Calif.) Community Hospital, according to an Aug. 31 report in Lookout Santa Cruz.
Dartmouth Health, Valley Regional move toward affiliation
Claremont, N.H.-based Valley Regional Hospital is set to become part of Lebanon, N.H.-based Dartmouth Health.
Allina acquires full ownership of post-hospital care facilities
Minneapolis-based Allina Health plans to acquire Presbyterian Homes & Services’ interest in Interlude Restorative Services for the Plymouth, Minn., and Fridley, Minn., facilities, according to an Aug. 25 news release.
California hospital could return to public ownership by next week
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.
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.
