Mergers and Acquisitions

University of Florida Health has brought Flagler Health+ into the academic system. It will now be known as UF Health St. Johns.

In an interview with Chief Healthcare Executive, he discusses the planned merger with St. Luke’s in Duluth, buying several hospitals from Ascension and expanding care in rural areas.

The boards of Froedtert Health and ThedaCare have approved an agreement to form a combined system with 18 hospitals. They plan to come together at the start of the new year.

A bipartisan bill would potentially give the Department of Health and Human Services a role in weighing the impact of hospital and healthcare consolidations.

Despite a few big deals and a flurry of hospital transactions, healthcare merger activity has dipped. KPMG’s Ross Nelson sees potential for the pace to pick up.

Legacy, which has been struggling financially, will become part of OHSU. If the deal is approved by regulators, they would form a 10-hospital system.

There are signs of improvement, but nonprofit hospitals are probably a year away from some form of ‘normal’, according to a report from Fitch Ratings.

The pace of transactions is picking up, with deals in the second quarter matching pre-pandemic levels. Anu Singh of Kaufman Hall says he expects more activity in the months ahead.

The Federal Trade Commission has proposed getting more information earlier to determine if there are competition issues. Regulators have applied more scrutiny to healthcare deals.

The systems have partnered in some areas for years. Washington’s CEO calls it an ‘obvious choice.’

The system hopes to transform Pender Medical Center into a true community general hospital within five years.

The Federal Trade Commission says the measure would improperly shield consolidations from federal antitrust regulations and could hurt consumers.

Lawmakers have approved legislation that would give the state’s attorney general more authority on hospital consolidations. Sanford and Fairview are planning to create a system with over 50 hospitals.

LCMC Health agreed to buy three hospitals from HCA Healthcare, and Louisiana officials approved the deal. The Federal Trade Commission has moved to block it, outraging hospital groups.

The California system is forming a new health organization called Risant Health, and Geisinger will be the first member. Financial documents offer more details on the deal.

The Catholic health system purchased the facilities from Steward Health Care. Centura Health will manage the hospitals.

Kaiser Permanente is forming a new health organization called Risant Health, and Geisinger will be the first member. Healthcare experts see enormous promise and some open questions.

The California-based system plans to acquire Geisinger and form a new organization called Risant Health. Here’s a guide to understanding the plans.

Assuming regulatory approval, the two systems announced the plans to launch a new organization, Risant Health, which will add other regional health systems.

LCMC agreed to buy the facilities from HCA Healthcare last fall, and Louisiana officials approved the deal. The Federal Trade Commission has moved to stop LCMC from integrating the three hospitals.

The two Michigan systems have joined forces to form one organization. Here’s a closer look at the deal.

Froedtert Health and ThedaCare have signed a letter of intent to consolidate the two systems.

As health systems continue to struggle, more will be seeking to join with other systems, either in consolidating systems or working together in certain areas, says Ross Nelson of KPMG.

The organization welcomes hospitals and clinics formerly with UnityPoint-Central Illinois.

The two systems said they are exploring a partnership. If they come together, the merged organization would operate more than 40 hospitals.

The two systems announced their plans to join forces in September. MercyOne is part of Trinity Health, one of the nation’s largest nonprofit systems.

The online retailer says annual subscriptions to the primary care organization will cost $144, or $12 per month. Regulators won’t sue to block the deal but say their investigation continues.

Allen, who took the post in December, talks with Chief Healthcare Executive about his hopes of sustaining the workforce, the greater need for partnerships, and value-based care.

The Federal Trade Commission was investigating the planned merger, saying it would raise prices and reduce services for patients.

CommonSpirit is ending its partnership with AdventHealth after nearly three decades, and purchasing Steward's hospitals in Utah.