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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. -
Chair wants Adventist Health to buy California hospital
Mike Nixon, chair of the Tehachapi (Calif.) Valley Healthcare District, wants Roseville, Calif.-based Adventist Health to buy a hospital owned by the district, Tehachapi News reported Jan. 23. -
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. -
Encompass Health to spin off home health and hospice business: 3 details
Birmingham, Ala.-based Encompass Health will make its home health and hospice business into an independent, publicly traded company, named Enhabit Home Health & Hospice. -
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 found. -
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 by Jan. 31. -
16% of healthcare transactions were megamergers in 2021, Kaufman Hall report finds
Although 2021 saw fewer healthcare transactions than in 2020, the sizes of the transactions were larger, with 16.3 percent being megamergers, according to a recent Kaufman Hall report. -
Trinity Health won't buy Tower Health hospital
Trinity Health Mid-Atlantic has abandoned its plan to buy Tower Health's Chestnut Hill Hospital in Philadelphia, according to the Philadelphia Inquirer. -
Davis Health System acquires West Virginia hospital
Elkins, W.Va.-based Davis Health System has taken over operations of Webster County Memorial Hospital in Webster Springs, W.Va., WDTV reported Jan. 6. -
Bryan Health acquires Nebraska hospital
Kearney (Neb.) Regional Medical Center joined Lincoln, Neb.-based Bryan Health on Jan. 1, expanding the system's number of employees by 850 to more than 6,300. -
2021 hospital M&A transaction volumes 36% below historical average, analysis found
Transaction volume for hospital mergers and acquisitions decreased by 33 percent in 2021, compared to 2020, according to an analysis by brokerage firm H2C Securities shared with Becker's. -
RWJBarnabas Health adds 12th hospital
Elizabeth-based Trinitas Regional Medical Center has joined West Orange-based RWJBarnabas Health, both in New Jersey, as the system's 12th hospital. -
Hospital M&A: 10 recent deals
Ten transactions involving health systems and hospitals have been announced, advanced or finalized since Dec. 22. -
Forrest General Hospital acquires 22-bed Mississippi hospital
Hattiesburg, Miss.-based Forrest General Hospital has acquired Richton, Miss.-based Perry County General Hospital, a 22-bed critical access facility, after Forrest Health signed a letter of agreement. -
49-bed Alabama hospital joins UAB Health System, changes name
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. -
NorthShore, Edward-Elmhurst merge into 9-hospital system
Evanston, Ill.-based NorthShore University HealthSystem and Naperville, Ill.-based Edward-Elmhurst Health have finalized their merger.
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