Becker's Healthcare November 11, 2024
From CHS striking a deal to sell another hospital to General Catalyst signing a definitive agreement with Summa Health, here are 11 hospital M&A moves reported by Becker’s since Nov. 1:
1. Franklin, Tenn.-based Community Health Systems continues to make progress on its $1 billion divestiture plan and aims to sell Merit Health Biloxi (Miss.), a 153-bed acute care hospital, to Gulfport, Miss.-based Memorial Health System.
2. Alhambra, Calif.-based Astrana Health entered into a $745 million definitive agreement to acquire certain assets and businesses from Los Angeles-based Prospect Health System.
3. Akron, Ohio-based Summa Health reached a $485 million definitive agreement to join General Catalyst’s Health Assurance Transformation Corp.
4. California Attorney General Rob Bonta conditionally approved...
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