Grand Rapids, Mich.-based Spectrum Health and Southfield, Mich.-based Beaumont Health are partnering to create a new health system, temporarily called BHSH System, which will launch Feb. 1.
Category: Hospital Transactions and Valuation
CommonSpirit expands partnership with Arabian Healthcare Group
Chicago-based CommonSpirit Health is expanding its partnership with healthcare management and consulting firm Arabian Healthcare Group in the United Arab Emirates, according to a news release emailed to Becker’s.
Providence, Kaiser say conditions set by AG threaten partnership
Providence St. Mary Medical Center and Kaiser Permanente expressed disappointment with conditions set by the California attorney general on their proposed partnership that involves building a new hospital, The Victorville Daily Press reported Jan. 25.&…
5 recent health system deals by the numbers
Five deals between two health systems have been recently announced or completed in the last couple months.
AAMC, AAHC to merge
The Association of American Medical Colleges and the Association of Academic Health Centers have approved a merger agreement.
Capital Health, Trinity hospital sign agreement for acquisition
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.
Hospital M&A update: 12 recent deals
Twelve transactions involving health systems and hospitals have been announced, finalized or called off since Jan. 1:
Lifespan, Care New England merger would provide $3.3B in economic impact, report finds
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, Providence to split: 5 things to know
Hoag Memorial Hospital Presbyterian in Newport Beach, Calif., and Providence, a Catholic health system based in Renton, Wash., will end their affiliation Jan. 31.
16% of transactions were megamergers in 2021, Kaufman Hall report finds
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.
