Mergers and Acquisitions

UMass Memorial, Harrington Healthcare Reveal Hospital Merger Plan

by Samantha McGrail

According to a new announcement, Harrington Health is currently negotiating a hospital merger deal with UMass Memorial. The Massachusetts-based health system voted to formally enter into a letter of...

Four South Chicago Hospitals Announce $1.1B Hospital Merger Deal

by Samantha McGrail

Four hospitals on Chicago’s South Side recently announced a hospital merger agreement to form a single system worth an estimated $1.1 billion.  Advocate Trinity Hospital, Mercy...

Hospital Merger and Acquisition Grew as Physicians Took a Step Back

by Jacqueline LaPointe

Hospital merger and acquisition activity experienced major growth as physician medical groups slowed their activity in 2019, according to a recent report from PricewaterhouseCoopers’ (PwC) Health...

Hospital Merger and Acquisition Activity Strong and Steady in 2019

by Jacqueline LaPointe

Hospital merger and acquisition (M&A) activity in 2019 remained “strong and steady,” with 92 transactions announced in 2019 compared to 90 the previous year, consulting firm Kaufman...

Beaumont Health Signs $6.1B Hospital Merger Deal with Summa Health

by Samantha McGrail

Beaumont Health and Summa Health signed a definitive hospital merger agreement to make Summa Health a subsidiary of Beaumont Health after the two organizations signed a letter of intent last...

5 Hospital Merger and Acquisition Moves Kicking Off 2020

by Jacqueline LaPointe

After hitting a record high in 2017, hospital merger and acquisition activity has remained strong. And as a new decade dawns, hospitals and health systems are continuing to make deals in order to...

No Quality of Care Benefit from Hospital Acquisitions, Study Finds

by Jacqueline LaPointe

Many hospitals and health systems tout the quality of care benefits of merger and acquisition deals. But a new study from researchers at Harvard University found that hospital acquisitions had little...

Gundersen, Marshfield Clinic Call Off Rural Hospital Merger Plan

by Jacqueline LaPointe

After seven months of discussions, Gundersen Health System and Marshfield Clinic Health System nixed a hospital merger plan to create a rural health system of more than 2,000 clinicians across...

Sutter Health, CA Reach $575M Settlement Over Anti-Trust Concerns

by Samantha McGrail

California Attorney General Xavier Bacerra recently announced a $575 million settlement with Sutter Health to resolve the health system’s alleged anti-trust behaviors, which a class action...

Providers to Focus on Patient Billing, Policy Heading into 2020

by Jacqueline LaPointe

Patient billing, policy and regulation, healthcare mergers and acquisitions, and workforce diversity will be some of the top priorities for provider organizations in 2020, predicted researchers at...

Value-Based Care, Hospital Chargemasters Dominated 2019 Headlines

by Jacqueline LaPointe

A lot can change in a year. From innovative technologies and value-based care to hospital mergers and acquisitions and new competitors, the healthcare industry has undergone yet another year of immense...

Tenet Sells 2 TN Hospitals in Latest Healthcare Acquisition Deal

by Samantha McGrail

Tenet Healthcare announced another healthcare acquisition deal this year, which will lead to the Dallas-based company’s divesture of hospitals and other operations in the Memphis area for $350...

Healthcare Venture Capital Driving Mergers and Acquisitions

by Samantha McGrail

Healthcare venture capital investments continue to drive mergers and acquisitions (M&A) in the industry despite a shortage of common ground between CEOs and investors, a new survey...

UnityPoint, Sanford Health Call Off $11B Hospital Merger Deal

by Samantha McGrail

UnityPoint Health and Sanford Health called off their hospital merger plans that would have created an $11 billion integrated system across 26 states and nine countries, according to an official...

Adventist, St. Joseph Hospital Merger Denied Due to Care Concerns

by Samantha McGrail

California’s Department of Justice of Health recently denied the hospital merger request of Adventist Health System/West and St. Joseph Health System over concerns that the transaction would not...

What the FTC’s Study of COPAs Means for Hospital Mergers

by Samantha McGrail

The Federal Trade Commission (FTC) issued orders to five health insurance companies and two health systems seeking data to study the effects of state-level regulatory regimes known as certificates of...

OSF, Little Company of Mary Take Next Hospital Merger Step

by Samantha McGrail

OSF HeathCare of Peoria, Illinois, recently announced that it signed a definitive hospital merger agreement with Little Company Mary Hospital and Health Care Centers based in Evergreen Park, Illinois....

Hospital Merger, Acquisition Activity Steady With 71 Deals So Far

by Jacqueline LaPointe

Hospital merger and acquisition activity through the third quarter of 2019 is running slightly ahead of 2018 levels, according to a new report from Kaufman Hall. The consulting firm recently reported...

Healthcare Mergers and Acquisitions Face $30M in Unrealized Value

by Jacqueline LaPointe

Healthcare mergers and acquisitions are increasingly popular, but the average health system is leaving approximately $30 million per year on the table following deals, according to a new report from...

Provider Incentives, M&A to Accelerate Value-Based Care Adoption

by Jacqueline LaPointe

Healthcare providers and other industry leaders are still facing significant challenges with value-based care adoption, but provider incentives and market consolidation could help accelerate the...