Becker's Hospital Review

July 2016 Issue of Becker's Hospital Review

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81 Hospital and Health System Transactions Minneapolis-based Allina Health System will merge Mercy Hospital in Coon Rapids, Minn., and Unity Hospital in Fridley, Minn., under one license. South Bend, Ind.-based Beacon Health System became the first hospital system in the state to team up with the Rochester, Minn.-based Mayo Clinic Care Network. Bowie (Texas) Memorial Hospital, which closed last November, has a new owner. Providence, R.I.-based Care New England Health System and New Bedford, Mass.- based Southcoast Health System plan to join together under a new corporate entity. Crystal Lake, Ill.-based Centegra Health System is teaming up with Ann & Robert H. Lurie Children's Hospital to staff pediatric hospitalists around the clock at its new hospital in Huntley, Ill. Macon-based Central Georgia Health Network entered into partnership talks with Stratus Healthcare, a collaboration of health systems, hospitals and physicians in south and central Georgia. e Children's Hospital at St. Francis in Tulsa, Okla., will house the nation's eighth affiliate clinic of Memphis, Tenn.-based St. Jude Children's Research Hospital. Clarendon Health System in Manning, S.C., approved a management agreement with Florence, S.C.-based McLeod Health. Cloud County Health Center in Concordia, Kan., and Salina (Kan.) Regional Health Center began an affiliation agreement May 1. Franklin, Tenn.-based Community Health Systems completed its previously announced spinoff of Quorum Health Corp., which includes 38 hospitals across 16 states as well as CHS' hospital management and consulting business. Elliot Health System in Manchester, N.H., will explore an affiliation with Lebanon, N.H.-based Dartmouth-Hitchcock. Greenville (Ill.) Regional Hospital joined Springfield, Ill.-based Hospital Sisters Health System to become HSHS Holy Family Hospital in Greenville. An Austin, Texas-based system, of which Nashville, Tenn.-based HCA Holdings is the majority owner, will purchase Dallas-based Forest Park Medical Center's yet-to-open hospital in Austin for $115 million. Irving-based HCA North Texas, part of Nashville, Tenn.-based Hospital Corporation of America, will buy 84-bed Forest Park Medical Center in Dallas for $135 million. Nashville, Tenn.-based Hospital Corporation of America emerged as a new player in the now wilted partnership deal between Winston-Salem, N.C.-based Novant Health and Savannah, Ga.-based Memorial University Medical Center. Jameson Health System, a single hospital system in New Castle, Pa., merged with Pittsburgh-based UPMC and changed its name to UPMC Jameson. Jennie Stuart Medical Center in Hopkinsville, Ky., is now an affiliated partner of Nashville, Tenn.-based Vanderbilt Health Affiliated Networks and Vanderbilt University Medical Center. Buffalo, N.Y.-based Kaleida Health signed a letter of intent to affiliate with Olean, N.Y.- based Upper Allegheny Health System. Kinston, N.C.-based Lenoir Memorial Hospital agreed to create a management services agreement with Chapel Hill-based UNC Health Care. Houston-based Memorial Hermann Health System reached a deal to purchase Memorial Hermann Northeast Hospital in Humble, Texas, from the Northeast Hospital Authority Board of Trustees. A judge signed off on Dallas-based Methodist Health's purchase of bankrupt Forest Park Medical Center's campus in Southlake, Texas. e Hospital Authority of Monroe County, doing business as Monroe County Hospital in Forsyth, Ga., has formed a partnership with Macon, Ga.-based Navicent Health that will allow Navicent to assume management control over MCH. Morehouse General Hospital in Bastrop, La., entered into negotiations for a management agreement with Plano, Texas- based Community Hospital Corp. Fairfield, Calif.-based NorthBay Healthcare joined the rapidly expanding Mayo Clinic Care Network, making it the first healthcare organization in Northern California to do so. Ontario, Calif.-based Prime Healthcare Services completed its acquisition of bankrupt Saint Michael's Medical Center in Newark, N.J. Asheboro, N.C.-based Randolph Hospital entered into a management services agreement with Greensboro, N.C.-based Cone Health, effective June 1. Under the management agreement, Randolph Hospital will remain independently owned and governed by its current board of directors. Brentwood, Tenn.-based RegionalCare Hospital Partners and Franklin, Tenn.- based Capella Healthcare merged to create a combined company with 18 hospital campuses in 12 states. Memphis, Tenn.-based Resurrection Health, a faith-based health system that launched in December 2014, is merging with Knoxville, Tenn.-based Cherokee Health Systems. South Haven (Mich.) Health System will pursue a partnership with Bronson Healthcare system, based in Kalamazoo, Mich. St. Vincent Healthcare in Billings, Mont., is partnering with Intermountain Primary Children's Hospital and the University of Utah School of Medicine, both in Salt Lake City, to enhance its pediatric care. Susquehanna Health in Williamsport, Pa., and Pittsburgh-based UPMC signed a letter of intent to pursue an affiliation agreement. Arlington-based Texas Health Resources pledged $116.5 million to buy Dallas-based Forest Park Medical Center's campus in Fort Worth, Texas. Texas Health Resources is also adding 27 First Choice Emergency Rooms to its healthcare network in North Texas. King of Prussia, Pa.-based Universal Health Services agreed to purchase the minority ownership interests held by a third-party in its six Nevada hospitals for $445 million. e University of Texas Health Science Center at San Antonio and MD Anderson Cancer Center in Houston are exploring ways to expand cancer care in San Antonio. Burlington-based University of Vermont Health Network expanded its reach in New York by adding Malone, N.Y.-based Alice Hyde Medical Center as its third hospital in the state.

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