Northwestern Memorial HealthCare purchased the Hyatt Centric Hotel in Chicago to give patients and families an option to stay overnight when receiving care, a health system spokesperson told Becker’s.
Category: Hospital Transactions and Valuation
Prospect Medical Holdings goes on hospital divestiture spree
Los Angeles-based Prospect Medical Holdings has inked deals to sell its seven hospitals in Connecticut and Pennsylvania.
Signify to acquire Caravan for $250M
Dallas, Texas-based Signify Health, a value-based healthcare platform, agreed to acquire Kansas City, Mo.-based Caravan Health for $250 million.
Prospect to sell Crozer to ChristianaCare
Newark, Del.-based ChristianaCare plans to acquire Springfield, Pa.-based Crozer Health from Los Angeles-based Prospect Medical Holdings after signing a letter of intent.
Nonprofit Northern California hospitals to discuss affiliation
Fresno, Calif.-based Saint Agnes Medical Center and Madera (Calif.) Community Hospital have signed a nonbinding letter of intent to explore a potential affiliation, the Fresno Bee reported Feb. 9.
Yale New Haven Health to acquire 2 Connecticut health systems
Yale New Haven (Conn.) Health System agreed Feb. 10 to acquire two Connecticut health systems from Los Angeles-based Prospect Medical Holdings.
Viewpoint: Courts, FTC should consider underserved when approving healthcare mergers
Courts and the Federal Trade Commission should consider more than harm to competition when evaluating healthcare mergers; they should also consider the benefit to underserved communities, Phil Goldberg and Kateland Jackson of Shook, Hardy & Bacon wrote…
Michigan health system joins Marshfield Clinic
Iron Mountain, Mich.-based Dickinson County Healthcare — a one-hospital system with several clinics — has finalized its affiliation agreement with Marshfield (Wis.) Clinic Health System.
Hospital M&A update: 6 recent deals
Six transactions involving health systems and hospitals have been announced, finalized or called off in the last two weeks:
MyMichigan Health adds 10th hospital, renames it
MyMichigan Health has added its 10th facility, War Memorial Hospital, in Sault Ste. Marie, Mich.
