Category: Hospital Transactions and Valuation

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

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

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.

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.

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

The Illinois State Health Facilities and Services Review Board voted 6-0 on June 7 to allow El Segundo, Calif.-based Pipeline Health to sell two Illinois hospitals to Michigan-based Resilience Healthcare for $92 million, the Chicago Tribune reported.

HCA Healthcare inked a deal in September to acquire five Utah hospitals from Steward Health Care. The transaction is on hold after a judge issued a temporary restraining order to pause the deal at the request of the Federal Trade Commission, Bloomberg …

Jupiter (Fla.) Medical Center and Gainesville-based University of Florida Health have signed a letter of intent to partner and improve healthcare delivery, research and education in Palm Beach and Martin counties. 

California Attorney General Rob Bonta conditionally approved the affiliation between Arcadia-based Methodist Hospital of Southern California and Los Angeles-based USC Health System.

Pleasant Valley Hospital has signed a letter of intent with Cabell Huntington Hospital, which will add Pleasant Valley to Huntington, W.Va.-based Mountain Health Network.