Category: Hospital Transactions and Valuation

Shareholder looks to block $18B healthcare REIT merger

Healthcare Realty Trust shareholder Land & Buildings announced in a June 16 investor presentation press release shared with Becker’s that it intends to vote against Healthcare Realty Trust’s acquisition of Healthcare Trust of America, citing that it fa…

Inova, Select Medical ink joint venture

Mechanicsburg, Pa.-based Select Medical Corp., and Falls Church, Va.-based Inova Health System announced a joint venture on June 23 to own and operate the first critical illness recovery hospital in Northern Virginia.

$23B in healthcare megadeals this year

Two healthcare megadeals — those valued at $5 billion or more — have been announced this year, according to a PwC report released June 23. 

TMC Health scraps plan to buy Arizona hospital

Tucson, Ariz.-based TMC Health has ended its bid to buy Santa Cruz Valley Regional Hospital in Green Valley, Ariz., Green Valley News reported June 17.

HCA, Steward make for 2nd called-off hospital deal within days of FTC challenge

HCA Healthcare and Steward Health Care System have abandoned their proposed deal involving five Utah hospitals. The decision comes 13 days after the Federal Trade Commission challenged the transaction.

ChristianaCare to buy shuttered hospital from Tower Health

Wilmington, Del.-based ChristianaCare plans to buy a shuttered hospital from West Reading, Pa.-based Tower Health.

New Jersey health systems cancel merger

Two New Jersey health systems — Saint Peter’s Healthcare System and RWJBarnabas Health — have terminated a definitive agreement to merge. 

New York health systems urged to lift secrecy surrounding potential merger

Two New York state senators are asking SUNY Upstate Medical University and Crouse Health to lift the secrecy of their proposed merger, syracuse.com reported June 14.

Pennsylvania health system merger would create regional giant

The proposed merger between Butler (Pa.) Health System and Greensburg, Pa.-based Excela Health presents both health systems with opportunities for revenue growth, the Pittsburgh Post-Gazette reported June 13.

Hospital mergers and acquisitions: 6 recent updates

Several mergers and acquisitions were recently announced, advanced or halted. Becker’s has reported on the following six developments since June 1.