Category: Hospital Transactions and Valuation

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. 

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 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.