Category: Hospital Transactions and Valuation

HCA agrees to acquire urgent care chain

Nashville, Tenn.-based HCA Healthcare signed an agreement to acquire Richmond, Va.-based BetterMed, an urgent care practice with 12 locations, Tim McManus, president of HCA Healthcare Capital Division, confirmed to Becker’s.

Steward grows to 6 hospitals in South Florida

Dallas-based Steward Health Care has acquired the property of the former Miami Medical Center from Miami-based Nicklaus Children’s Health System.

Healthcare deals decline 34% in Q1 2022: 8 things to know from KPMG

The pace of healthcare mergers and acquisitions slowed for the first quarter of 2022 after a large volume of deals in 2021, an April 26 KPMG report found.

Walmart heir to help build new regional health system in Arkansas

Walmart heir Alice Walton’s foundation has partnered with the Washington Regional Medical System in Fayetteville, Ark., to build a new regional healthcare system. 

Texas company to take over 2 closed Noble Health hospitals, 9 clinics

Leawood, Kan.-based Noble Health reached an agreement for Wylie, Texas-based company Platinum Team Management to take control of two shuttered hospitals and nine medical clinics, KOMU reported April 21.

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.