Transaction volume for hospital mergers and acquisitions decreased by 33 percent in 2021, compared to 2020, according to an analysis by brokerage firm H2C Securities shared with Becker’s.
Category: Hospital Transactions and Valuation
RWJBarnabas Health adds 12th hospital
Elizabeth-based Trinitas Regional Medical Center has joined West Orange-based RWJBarnabas Health, both in New Jersey, as the system’s 12th hospital.
Hospital M&A: 10 recent deals
Ten transactions involving health systems and hospitals have been announced, advanced or finalized since Dec. 22.
Forrest General Hospital acquires 22-bed Mississippi hospital
Hattiesburg, Miss.-based Forrest General Hospital has acquired Richton, Miss.-based Perry County General Hospital, a 22-bed critical access facility, after Forrest Health signed a letter of agreement.
49-bed Alabama hospital joins UAB Health System, changes name
Winfield, Ala.-based Northwest Medical Center has become a member of the University of Alabama at Birmingham Health System after entering into a management agreement, which went into effect Jan. 1.
NorthShore, Edward-Elmhurst merge into 9-hospital system
Evanston, Ill.-based NorthShore University HealthSystem and Naperville, Ill.-based Edward-Elmhurst Health have finalized their merger.
Virtua Health, Rowan University to create new academic health system
Marlton, N.J.-based Virtua Health and Glassboro, N.J.-based Rowan University inked an agreement to create a new academic health system in South Jersey, the organizations said Jan. 4.
Norton Healthcare adds 6th hospital
Madison, Ind.-based King’s Daughters’ Health has joined Louisville, Ky.-based Norton Healthcare as the system’s sixth hospital and its first outside Louisville, The Lane Report reported Jan. 4.
HCA buys 59 urgent care centers in Florida
Nashville, Tenn.-based HCA Healthcare has finalized the purchase of MD Now Urgent Care, a network of 59 urgent care centers in Florida.
Lifespan, Care New England merger: 10 things to know
State regulators on Dec. 30 made the merger application public for Lifespan, Care New England and Brown University, all Providence, R.I.-based, The Boston Globe reported.
