Illinois residents said they are hopeful about Pipeline Health’s proposed sale of two Chicago area hospitals but have concerns based on Pipeline’s history, the Chicago Tribune reported March 17.
Category: Hospital Transactions and Valuation
$1.3B deal involving 8 Massachusetts hospitals closes
Medical Properties Trust has sold a 50 percent stake in eight Massachusetts hospitals to Macquarie Infrastructure Partners.
Hospital mergers and acquisitions: 7 recent deals by the numbers
Several mergers and acquisitions have taken place by U.S. health systems in the last few months. Below is a breakdown of seven deals since Feb. 3, by the numbers, as reported on by Becker’s.
Attorney general had ‘great concerns’ about Mission Health-HCA deal, internal document reveals
The office of North Carolina Attorney General Josh Stein had “great concerns” about how Nashville, Tenn.-based HCA Healthcare was chosen to purchase Asheville, N.C.-based Mission Health System, according to a 2018 internal document obtained by Ashevill…
CHS to cut ties with Oklahoma hospital
Franklin, Tenn.-based Community Health Systems has entered into a definitive agreement to transfer the lease of AllianceHealth Seminole (Okla.) to SSM Health Oklahoma.
Exeter explores affiliation with Beth Israel Lahey
Exeter (N.H.) Health Resources has signed a letter of intent to affiliate with Cambridge Mass.-based Beth Israel Lahey Health, Seacoastonline reported March 15.
New Indiana law requires state oversight of hospital mergers
Indiana Gov. Eric Holcomb signed into law March 10 a bill that requires the Indiana State Department of Health to actively supervise hospital mergers.
Hospital owner looks to exit Illinois with $92M deal
Pipeline Health has signed a letter of intent to sell its two Illinois hospitals to a Michigan-based company for $92 million, according to the Chicago Sun-Times.
Canyon Atlantic ends bid to buy 2 Pennsylvania hospitals
The prospective buyer of two shuttered Pennsylvania hospitals has filed a motion to end litigation to purchase the facilities, The Daily Local reported March 8.
Altru Health won’t be sold, CEO says
Following rumors that Grand Forks, N.D.-based Altru Health System may be acquired after the sudden departure of President Steven Weiser, MD, the system’s new CEO told the Grand Forks Herald in a March 5 article that Altru is not for sale.
