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.
Category: Hospital Transactions and Valuation
Federal court affirms decision to block Hackensack Meridian, Englewood merger
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.
Kaiser expands partnership with Maryland health system
Baltimore-based University of Maryland Medical System announced March 21 that it has expanded its partnership with Oakland, Calif.-based Kaiser Permanente.
Pipeline Health’s bid to sell 2 Illinois hospitals draws skepticism, hope
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.
$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.
