Category: Hospital Transactions and Valuation

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.

Evanston, Ill.-based NorthShore University HealthSystem and Naperville, Ill.-based Edward-Elmhurst Health have finalized their merger. 

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. 

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.

Nashville, Tenn.-based HCA Healthcare has finalized the purchase of MD Now Urgent Care, a network of 59 urgent care centers in Florida.

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.

Hospital deals involving Intermountain Healthcare, LifePoint Health, Ascension, Tenet Healthcare and other major systems were popular among readers this year.

Irving, Texas.-based Exela Technologies has expanded its existing relationship with an unnamed multinational managed care corporation by implementing PCH Global Cloud services for Medicaid programs.

Brentwood, Tenn.-based LifePoint Health has completed its acquisition of Louisville, Ky.-based Kindred Healthcare and officially launched ScionHealth, a new healthcare company related to the transaction.

Ontario, Calif.-based Prime Healthcare and San Francisco-based Carbon Health are strengthening their partnership by bringing Carbon’s urgent care clinics to Prime’s markets through virtual and in-clinic visits.