Becker's Healthcare October 3, 2024
Patsy Newitt

Independent physicians and ASC operators are closely monitoring the ongoing wave of hospital sales and market consolidation, amid the potential for reduced competition, rising costs and limited referral networks.

Here are 12 hospitals that came under new ownership in the last 10 days:

1. Dallas-based Tenet Healthcare completed the sale of its 70% majority ownership interest in Birmingham, Ala.-based Brookwood Baptist Health and its five hospitals to Orlando (Fla.) Health.

2. San Antonio-based Methodist Healthcare acquired San Antonio Rehabilitation Hospital from NewEra IRF Holdings, an integrated commercial real estate development and capital investment company.

3. Bellevue, Wash.-based Overlake Medical Center & Clinics officially joined Tacoma, Wash.-based MultiCare Health System.

4. Providence, R.I.-based Lifespan took over operations of...

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Topics: Health System / Hospital, Mergers & Acquisitions / JV, Provider, Trends
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