Category: Hospital Transactions and Valuation

Morgantown, W.Va.-based Mon Health System and Chaleston, W.Va.-based CAMC Health System have signed a letter of intent to create a single new system named Vandalia Health, the organizations announced March 31. 

UnitedHealth Group’s Optum unit has bought Refresh Mental Health from a private equity firm, Axios reported March 24 citing sources. 

Seven hospital and health system deals have been called off since October, whether it was the cancellation of a merger or acquisition or the unwinding of a partnership.

Robbinsdale, Minn.-based North Memorial Health will take full ownership of Maple Grove (Minn.) Hospital by purchasing the final 25 percent stake from Minneapolis, Minn.-based Fairview Health Services.

The U.S. Court of Appeals for the 3rd Circuit affirmed the order of the District Court to block  Edison, N.J.-based Hackensack Meridian Health’s proposed merger with Englewood (N.J.) Health, according to court documents obtained by Becker’s. 

Baltimore-based University of Maryland Medical System announced March 21 that it has expanded its partnership with Oakland, Calif.-based Kaiser Permanente.

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.

Medical Properties Trust has sold a 50 percent stake in eight Massachusetts hospitals to Macquarie Infrastructure Partners. 

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.

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…