Category: Hospital Transactions and Valuation

Optum gets go-ahead from Massachusetts AG for $236M Atrius Health purchase

The Massachusetts Attorney General’s office signed off on Optum’s acquisition of Atrius Health for $236 million April 21, according to the Boston Globe.

Regulators should presume every hospital merger is anticompetitive, nurses say

National Nurses United is urging the Federal Trade Commission and U.S. Justice Department to strengthen regulations and anticompetitive guidelines to healthcare mergers and acquisitions because of their effect on patients, nurses, other healthcare work…

19% of South Carolina hospitals sold in 6 years, new data shows

CMS on April 20 released public data on mergers, acquisitions, consolidations and ownership changes of hospitals and nursing homes enrolled in Medicare, the first time this data has been reported.

Trinity to become sole owner of MercyOne, acquire CommonSpirit’s share

Livonia, Mich.-based Trinity Health and Chicago-based CommonSpirit Health have signed an agreement for Trinity to acquire all MercyOne Health System assets and facilities.

Steward acquires 5th Arizona facility

Dallas-based Steward Health Care acquired its fifth facility in Arizona, the physician-led healthcare network said April 19. 

OSF HealthCare buys assets of shuttered Illinois hospital for $4M

Peoria, Ill.-based OSF HealthCare completed its purchase of the real estate, medical equipment and other assets of the closed Galesburg (Ill.) Cottage Hospital for $4 million, according to the Galesburg Register-Mail.

SUNY Upstate Medical University to buy New York health system

SUNY Upstate Medical University plans to acquire Crouse Health in a move that would shake up the hospital market in Syracuse, N.Y.

Hackensack Meridian, Englewood withdraw merger plans

Edison, N.J.-based Hackensack Meridian Health and Englewood (N.J.) Health have dropped their merger plans, a spokesperson for Hackensack Meridian told Becker’s.

Healthcare M&A transactions hit record low in Q1, Kaufman Hall says

Driven by the COVID-19 pandemic, the healthcare industry continued to see fewer mergers and acquisitions in the first quarter of 2022, with only 12 transactions recorded, according to an April 7 Kaufman Hall report.

8 recent hospital mergers and acquisitions

Eight deals involving health systems and hospitals have been announced, finalized or blocked since March 16.