Category: Hospital Transactions and Valuation

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.

TikTok parent buys 7-hospital chain in China for $1.5B

Beijing-based social media giant ByteDance has acquired one of China’s largest private hospital chains for about $1.5 billion, according to an Aug. 9 report from Bloomberg.

Temple Health and partners to buy hospital from Tower Health

Three nonprofit hospitals have partnered to purchase Philadelphia-based Chestnut Hill Hospital, The Philadelphia Inquirer reported Aug. 8.  Philadelphia College of Osteopathic Medicine, Meadowbrook, Pa.-based Redeemer Health and Philadelphia-…

U of Iowa Health Care offered $605M to buy Mercy Iowa City

Mercy Iowa City was offered $605 million by University of Iowa Health Care last year for ownership of the hospital, The Gazette reported Aug. 5. 

West Virginia health systems to cut ties over EHR vendor choice

Davis Health System began a clinical affiliation with WVU Medicine in 2019. The health systems are ending the partnership Aug. 8, according to The Inter-Mountain. 

Mississippi health system merges with Ochsner

Meridian, Miss.-based Rush Health Systems has merged with New Orleans-based Ochsner Health as of Aug. 1. 

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.