Articles and Blogs

AdventHealth has entered into an agreement to acquire two hospitals in Florida from Community Health Systems for $265M in cash. The hospitals include Shorepoint Health Port Charlotte and Shorepoint Health Punta Gorda. The Punta Gorda hospital was impacted by Hurricanes Helene and Milton and is not currently operational. Broward Health and Nicklaus Children’s Health... READ MORE

Acadia Healthcare plans to add 2,000 beds over the next two years, per recent statements by CEO Chris Hunter. This comes on the heels of 400 beds added in 2024 and is anticipated to stem from a number of new joint venture arrangements with other health providers. Guardian Healthcare has secured bankruptcy court approval... READ MORE

PNC’s Q3 2024 Corporate Healthcare Index highlighted several industry trends, including increased M&A activity, improved access to capital and nonprofit hospital credit rating downgrades outpacing upgrades. Blue Cross Blue Shield recently agreed to a $2.8 billion settlement with health care providers to resolve an antitrust class-action lawsuit alleging that the insurer restricted competition through... READ MORE

Tenet Health has sold 14 hospitals this year for more than $4.8B, according to its third-quarter earnings call. Tenet sold the following: 1) an interest in five Alabama hospitals to Orlando Health, 2) three hospitals in South Carolina to Novant Health, 3) four California hospitals to UCI Health, and 4) two California hospitals to... READ MORE

A new report from Silicon Valley Bank analyzes the state of the health care technology market. The top U.S. regions for health care technology companies are New York, San Francisco, Massachusetts, Austin and Nashville. Nearly half of all health technology investments this year have gone to AI companies. Executives at several health systems announced... READ MORE

Goldner Capital Management, a private equity firm once prominent in the SNF sector, has filed for Chapter 11 bankruptcy, attributing a Covid-era lending scheme. Goldner claims an affiliate of one of its lenders leased or subleased 20 Goldner facilities and then stopped paying rent, causing a lease default that allowed the lender to seize... READ MORE

Nonprofit health care providers affected by Hurricanes Helene and Milton may qualify for FEMA relief under the Stafford Act. Hall Render published a recent article with tips on applying for disaster relief. Twenty states and 19 nonprofit organizations filed a lawsuit against HHS and CMS over recent nursing home minimum staffing mandates. The plaintiffs allege... READ MORE

California Governor Gavin Newsom has vetoed a bill that was designed to restrict private equity and hedge fund investments in the health care industry. Governor Newsom said the California Office of Health Care Affordability has sufficient authority to regulate health care transactions. Brookdale Senior Living announced plans to acquire a portfolio of 41 senior... READ MORE

Over the past 12 months, Ascension has undergone a significant market realignment, including a strategic exit from several markets and service lines. Hospitalogy created a helpful graphic showing the health system’s larger divestments and joint venture transactions over the past year. Four health systems are vying for CON approval to build over $1B of... READ MORE

The number of memory care units within continuing care retirement communities (CCRCs) continues to grow, and occupancy rates for such units are also on the rise, fueled in part by operators downsizing their skilled nursing facility (SNF) footprints within CCRCs. CCRC memory care occupancy was 89.7% in Q2 2024, up 3.7% year-over-year. Senior living... READ MORE