Category: Hospital Transactions and Valuation

Atlantic Health buys 7 urgent care locations in New Jersey

Morristown, N.J.-based Atlantic Health System has purchased Immediate Care’s seven urgent care locations from CentraState Healthcare System, Atlantic Health said March 3.

Hospital M&A update: 9 recent deals

Nine deals involving health systems and hospitals have been announced, finalized or called off in the last two weeks:

Just Announced – Eight (8) Physician speakers (including 3 Orthopedic Surgeons) at the 4th Annual Physician Transactions Conference – March 24, 2022 in Chicago.

As you know from reading Becker’s each day, more physicians than ever are entering into partnerships with larger organizations, as evidenced by 30 orthopedic group transactions during 2021, doubling the number of orthopedic group “investor platforms” f…

Care New England: ‘Our future is strong’ despite merger rejection

The CEO of Care New England said the health system is resilient after the Federal Trade Commission and state attorney general’s rejection of its proposed merger with Lifespan, both based in Providence, R.I., The Boston Globe reported March 1.

NYU Langone, Long Island hospital make affiliation official

New York City-based NYU Langone Health and East Patchogue, N.Y.-based Long Island Community Hospital have made their affiliation official after receiving state and federal approvals.

Nationwide Children’s assumes ownership of Mercy Health-Children’s Hospital

Columbus, Ohio-based Nationwide Children’s Hospital has taken over ownership of Toledo, Ohio-based Mercy Health-Children’s Hospital, which will be named Nationwide Children’s Hospital-Toledo.

University Health forms joint venture to operate 3 rehab hospitals

San Antonio, Texas-based University Health has entered a joint venture with post-acute healthcare company PAM Health in an effort to expand access for University Health patients who need inpatient rehabilitation services after being discharged.

Piedmont acquires 3-hospital system

University Health Care System, a three-hospital system in Augusta, Ga., officially joined Atlanta-based Piedmont Healthcare on March 1. Piedmont now comprises 19 hospitals. 

OSF HealthCare to purchase assets of closed Illinois hospital

Peoria, Ill.-based OSF HealthCare has signed an exclusive letter of intent to purchase the real estate, medical equipment and other assets of the closed Galesburg (Ill.) Cottage Hospital.

Care New England to hold off on future deals

Providence, R.I.-based Care New England said it’s too early to make plans for future merger deals after the system and Lifespan withdrew their application to merge, The Providence Journal reported Feb. 24.