Category: Hospital Transactions and Valuation

Mercy Iowa City ends search for new partner

Mercy Iowa City (Iowa) announced it has abandoned plans to exit its four-year affiliation with the statewide MercyOne health network to integrate into a more extensive healthcare system. According to a July 28 report from The Gazette, the only communit…

CHS sells Oklahoma hospital

Franklin, Tenn.-based Community Health Systems has sold AllianceHealth Seminole (Okla.) to SSM Health Oklahoma, according to a July 28 filing with the Securities and Exchange Commission. 

Princeton Community Hospital to join West Virginia University Health System

The Princeton (W.Va.) Community Hospital Association approved an agreement with the West Virginia University Health System to fully integrate into the WVU Health System, according to a July 28 announcement from the city of Princeton board of directors.

FTC poised to thwart more hospital mergers

The Federal Trade Commission’s new majority is primed to more aggressively combat consolidation in the healthcare industry after successfully challenging four hospital mergers, according to a July 18 report from the Kaiser Family Foundation.

Why Atrius chose Optum

Auburndale, Mass.-based Atrius Health and Optum, the provider arm of UnitedHealth Group, benefit from a mutual relationship; according to the Boston Globe, Atrius’s model was a shining example of what healthcare could be.

ChristianaCare buys shuttered Pennsylvania hospital; no timeline for reopening it

ChristianaCare has purchased West Grove, Pa.-based Jennersville Hospital from Tower Health but has not revealed when it will reopen the facility that was closed in December.

Kaufman Hall releases Q2 report on hospital M&A: 8 things to know

Kaufman Hall released its second-quarter report following hospital mergers and acquisitions July 13. 

Hospital M&A: 9 recent deals

Several hospitals and health systems are pursuing merger and acquisition deals, and a few transactions have been called off in recent months. 

Cross-market health system mergers are becoming the norm

More hospitals and health systems are seeking cross-market mergers, according to Fitch Ratings’ second-quarter report. 

55-bed hospital joins WVU Health System

Oakland, Md.-based Garrett Regional Medical Center joined West Virginia University Health System on July 1.