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.
Category: Hospital Transactions and Valuation
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.
City of Hope completes acquisition of Cancer Treatment Centers of America
Duarte, Calif.-based City of Hope now has one of the largest footprints in cancer research and treatment after it completed its acquisition of Cancer Treatment Centers of America, a network of oncology hospitals and outpatient centers.
Centura to acquire 2 LifePoint hospitals
Centennial, Colo.-based Centura Health signed an asset purchase agreement to acquire two hospitals from Brentwood, Tenn.-based LifePoint Health: Colorado Plains Medical Center in Fort Morgan and Western Plains Medical Complex in Dodge City, Kan.
Spectrum, Beaumont merger could mean higher costs, experts say
The merger between Grand Rapids, Mich.-based Spectrum Health and Southfield, Mich.-based Beaumont Health could mean higher costs for consumers, some experts say, Bridge Michigan reported Feb. 1.
