Mergers and Acquisitions

General Catalyst’s subsidiary, HATCo, has struck a definitive agreement to acquire Summa Health. The firm is also committing hundreds of millions in improvements.

Scheurer Health and Harbor Beach Community Hospital are planning to come together. They say they are joining forces with the goal of staying independent.

The University of Alabama at Birmingham Health System has taken ownership of Ascension St. Vincent’s in Alabama. The state is seeing some big changes in the hospital market.

Sanford Health and Marshfield Clinic Health System say they’ve signed a merger agreement. The systems hope to complete the deal before the end of the year.

Speaking to thousands of healthcare leaders, Greg Adams says Risant Health, a Kaiser subsidiary, is looking to add more hospital systems in the coming years.

UCHealth has signed a letter of intent to bring Estes Park Health into the system. Estes Park is looking to join UCHealth to ensure its long-term viability.

HonorHealth has acquired the hospitals and a host of other facilities from Steward Health Care.

Buoyed by a host of deals tied to Steward Health Care’s bankruptcy, hospital merger activity spiked. The number of hospital mergers is poised to top 2023.

The Overlake Medical Center & Clinics are joining the MultiCare Health System. Officials say they plan to expand access to care.

UMass Memorial Health has finalized its deal to add Milford Regional Medical Center to the system. Milford had said it was becoming harder to remain an independent hospital.

State regulators have signed off on OSF Healthcare’s acquisition of KSB Hospital, a rural provider in northern Illinois.

Deaconess Health is exploring the possibility of acquiring Jennie Stuart Health, one of many rural hospitals facing financial pressures.

Physicians say consolidations are contributing to burnout. Gary Price of The Physicians Foundation tells Chief Healthcare Executive doctors are being pressed to take more patients and are losing autonomy.

CHRISTUS Health has agreed to take over operations of Wadley Regional Medical Center in Texarkana. The facility had been owned by Steward Health Care.

CHRISTUS Health is planning to build a new facility in southeast Texas that will open next year. The Catholic system is reviving a hospital that shut down in February.

Insight Health System has reached a deal with ProMedica to buy Coldwater Regional Hospital. The facility has been up for sale for more than a year.

Mercy celebrated the acquisition of the Via Christi Hospital from the Ascension system this week. It’s Mercy’s third hospital in Kansas.

Orlando Health can purchase the Steward Health Care facilities on Florida’s Space Coast, a bankruptcy judge ruled.

Insight Health Systems is slated to take over Trumbull Regional Medical Center and Hillside Rehabilitation Hospital. Steward Health Care planned to close the facilities later this month.

Dana-Farber's CEO is stepping down, City of Hope has hired a new digital and technology officer, and other leaders are taking on new roles.

A federal bankruptcy judge has signed off on the sale of six Steward Health Care hospitals in Massachusetts for $343 million. Two Steward hospitals in the state have shut down.

Federal regulators say they object to Union Health’s planned acquisition of Terre Haute Regional Hospital. They’re urging Indiana’s health department to reject the deal.

CHRISTUS Health has made a bid to purchase Wadley Regional Medical Center from Steward Health Care, which is selling its hospitals.

The Connecticut attorney general has reached an agreement with the systems to ensure the continuation of services and competition. Northwell and Nuvance are looking to create a 28-hospital system.

Santa Clara County and HCA Healthcare have reached a tentative deal on the sale of the hospital. The county says it’s moving to preserve services at the facility.