Category: Hospital Transactions and Valuation

New Hampshire attorney general opposes Dartmouth, GraniteOne merger

New Hampshire Attorney General John Formella released a report May 13 from the Charitable Trusts Unit objecting to the proposed merger between Lebanon, N.H.-based Dartmouth Health and Manchester, N.H.-based GraniteOne Health.

SoutheastHealth seeks partnership with larger health system

Cape Girardeau, Mo.-based SoutheastHealth wants to partner with a bigger health system through a plan called “Project Forward Vision,” KFVS 12 reported May 12.

Piedmont joint venture acquires 10 urgent care locations

Piedmont Urgent Care by Wellstreet has acquired urgent care management company SmartCare Medical Group, adding 10 locations.

A timeline of Atrium’s recent growth through M&A

With humble beginnings as an individual hospital, Charlotte, N.C.-based Atrium Health has since grown into a major player in the healthcare field, most recently announcing plans to merge with Midwest health system Advocate Aurora Health on May 11.

Atrium, Advocate Aurora to merge

Atrium Health and Advocate Aurora Health plan to merge into a 67-hospital system with upward of $27 billion in revenue and nearly 158,000 employees combined. 

Redeemer Health pursues partnership for hospital, physician practices

Huntingdon Valley, Pa.-based Redeemer Health is seeking a strategic partnership for its 236-bed hospital in Meadowbrook, Pa., and physician practices, The Philadelphia Inquirer reported May 10.

North Carolina officials slam lack of communication from HCA amid Mission deal

North Carolina city officials took aim at what they considered a lack of communication from Nashville, Tenn.-based HCA Healthcare as it worked to close its acquisition of Asheville, N.C.-based Mission Health, according to the Citizen Times.

226-bed hospital explores joining MultiCare Health System

Yakima (Wash.) Valley Memorial signed a letter of intent to explore joining Tacoma, Wash.-based MultiCare Health System. 

Nurses call for reopening of services amid UMass Memorial-Heywood affiliation talks

Massachusetts nurses’ concerns about the closure of mental health and pediatric beds at Heywood Hospital were “intensified” by the May announcement that Worcester-based UMass Memorial Health and Heywood Healthcare are exploring an affiliation deal, the…

Dignity Health agrees to manage California hospital

San Francisco-based Dignity Health and the San Joaquin County Board of Supervisors have settled on a management services agreement for San Joaquin General Hospital in French Camp, Calif.