Category: Hospital Transactions and Valuation

Five deals between two health systems have been recently announced or completed in the last couple months.

The Association of American Medical Colleges and the Association of Academic Health Centers have approved a merger agreement.

Pennington, N.J.-based Capital Health and Trenton, N.J.-based St. Francis Medical Center have signed a definitive agreement to move forward with Capital Health’s plan to acquire the Trinity Health hospital.

Twelve transactions involving health systems and hospitals have been announced, finalized or called off since Jan. 1:

The proposed merger among Lifespan, Care New England and Brown University — all based in Providence, R.I. — would increase the economic impact of the academic medicine sector from $8.2 billion in 2020 to $11.5 billion by 2035, an independent report fou…

Hoag Memorial Hospital Presbyterian in Newport Beach, Calif., and Providence, a Catholic health system based in Renton, Wash., will end their affiliation Jan. 31.

Although 2021 saw fewer transactions than in 2020, the sizes of the transactions were larger, with 16.3 percent being megamergers, according to a recent Kaufman Hall report.

Trinity Health Mid-Atlantic has abandoned its plan to buy Tower Health’s Chestnut Hill Hospital in Philadelphia, according to the Philadelphia Inquirer. 

Elkins, W.Va.-based Davis Health System has taken over operations of Webster County Memorial Hospital in Webster Springs, W.Va., WDTV reported Jan. 6.

Kearney (Neb.) Regional Medical Center joined Lincoln, Neb.-based Bryan Health on Jan. 1, expanding the system’s number of employees by 850 to more than 6,300.