Category: Hospital Transactions and Valuation

Franciscan Health Crown Point (Ind.) and Ann & Robert H. Lurie Children’s Hospital of Chicago have formed a partnership for neonatal care.

Six health system and hospital deals have been canceled so far this year, whether it be a scrapped merger or acquisition or the unwinding of a partnership.

Six merger and acquisition deals involving hospitals and health systems have been announced, completed or called off so far this month:

Two New Jersey health systems — Saint Peter’s Healthcare System and RWJBarnabas Health — received approval from state regulators to merge. 

Dartmouth Health and Manchester, N.H.-based GraniteOne Health are canceling their proposed merger after the state Attorney General’s Office said the move would violate the New Hampshire constitution, according to VTDigger.

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.

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

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 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.