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.
Category: Hospital Transactions and Valuation
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.
Board approves $92M sale of 2 Illinois hospitals
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’s deal to buy 5 hospitals halted
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 …
UF Health, Florida hospital to partner on clinical programs, research
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 approves health system deal with conditions
California Attorney General Rob Bonta conditionally approved the affiliation between Arcadia-based Methodist Hospital of Southern California and Los Angeles-based USC Health System.
West Virginia hospital to join Mountain Health Network
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.
HCA acquires Virginia urgent care chain with 12 locations
Nashville, Tenn.-based HCA Healthcare has finalized its acquisition of BetterMed, an urgent care practice with 12 locations, Richmond BizSense reported June 3.
Who are Care New England’s potential merger suitors?
Providence, R.I.-based Care New England is considering “three to four” bids it received to merge with another system, The Boston Globe reported June 3.
