Mergers and Acquisitions

Prime Healthcare is buying Ascension’s hospitals in Illinois, but the system has notified state officials it plans to shut down one facility.

Penn Medicine has signed a definitive agreement to acquire Doylestown Health, a provider in the Philadelphia suburbs.

Hospitals are seeing better margins and are getting labor costs under control, but labor expenses remain high and some providers are struggling mightily.

Imran Andrabi, MD, president and CEO of Froedtert ThedaCare Health, talks about the integration of the systems, expanding access to care and the desire to innovate.

UCSF Health has now acquired two San Francisco facilities from Dignity Health. The completion of the deal follows an agreement with the California attorney general’s office.

Community Health Services is selling the facilities to WoodBridge Healthcare in a $120 million deal. Pennsylvania officials expressed optimism about the sale.

MyMichigan Health has purchased the facilities, along with a surgery center and associated physician practices, from Ascension Michigan.

Orlando Health has agreed to purchase the facilities from Tenet Healthcare Corp., the company says.

Jefferson Health has acquired the Lehigh Valley Health Network, creating one of the larger nonprofit hospital systems in America. The merged system operates more than 30 hospitals.

Financial distress, value-based care, and digital healthcare services are some of the forces driving deals.

To navigate the integration process successfully, healthcare executives must take steps to best align their people with the vision for the newly combined organization.

Dignity Health, part of CommonSpirit Health, has purchased Arizona General Hospital and seven freestanding emergency departments in a $160 million deal.

Prime Healthcare has reached a deal to buy Ascension’s hospitals in Illinois. Ascension has been selling some facilities as it looks to improve its financial position.

The first half of the year has seen a number of intriguing deals. Some larger systems are doing better, and some smaller hospitals are struggling and seeking partners.

Sanford Health and Marshfield Clinic Health System said they have signed a non-binding agreement. Both systems explored mergers with different partners recently.

It took some time, but Liberty Hospital has joined the University of Kansas Health System.

WellSpan Health has welcomed Evangelical Community Hospital into the organization.

The state’s attorney general brokered an agreement with UCSF Health on its acquisition of two hospitals from CommonSpirit Health. UCSF Health will invest $430M in capital improvements.

Catholic Medical Center has signed a purchase agreement with HCA Healthcare. The New Hampshire hospital has been struggling financially.

The Federal Trade Commission made its first comments after Novant Health dropped plans to buy two hospitals from Community Health Systems. Regulators have spurred several hospitals to abandon planned mergers.

Atlantic Health System and Saint Peter’s Healthcare System approved the pact, which comes months after announcing their intention to consolidate.

The UAB Health System has reached a deal to take full ownership of Ascension St. Vincent’s Health System in Alabama.

The organization, founded by Kaiser Permanente, is moving to buy Cone Health. Risant recently finalized its acquisition of Geisinger.

Rhode Island officials have given conditional approval of the sale of Roger Williams Medical Center and Our Lady of Fatima Hospital, provided some key provisions are met.

Lifespan and Brown University have finalized plans for a closer relationship, and Lifespan will soon become Brown University Health.