Becker's Healthcare September 10, 2024
Healthcare consolidation continues to accelerate, impacting ASCs in various markets, including changes in competitive dynamics, reimbursement rates and opportunities for partnerships.
Here are five huge hospital deals or mergers in 2024:
1. Dallas-based Tenet Healthcare, parent company of United Surgical Partners International, agreed to sell its majority interest in Birmingham, Ala.-based Brookwood Baptist Health for $910 million in cash. The sale includes five hospitals in Alabama and was one of several hospital sell-offs by Tenet this year as the system turns its focus toward ASCs.
2. This year, St. Louis-based Ascension sold Our Lady of Lourdes Memorial Hospital System in Binghamton, N.Y., 50% of its stake in Network Health in Wisconsin and all assets and...
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