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.
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.
Elizabeth-based Trinitas Regional Medical Center has joined West Orange-based RWJBarnabas Health, both in New Jersey, as the system’s 12th hospital.
Ten transactions involving health systems and hospitals have been announced, advanced or finalized since Dec. 22.
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.
