Another Catholic sell-off: HMA to acquire Mercy Health Partners-Tenn

McKinney, Maureen
July 2011
Modern Healthcare;7/4/2011, Vol. 41 Issue 27, p16
Trade Publication
The article discusses the agreement for the acquisition of Mercy Health Partners-Tennessee by Health Management Associates (HMA). The deal involved the sale of the seven-hospital system subsidiary of Cincinnati's Catholic Health Partners (CHP) for 525 million dollars, inclusive of provisions for working capital adjustments and the arrogation of certain long-term lease liabilities. It followed CHP's sale of three Catholic hospitals in Pennsylvania to Community Health Systems.


Related Articles

  • CHI adds to deals with plan to acquire Ohio-based system. Evans, Melanie // Modern Healthcare;5/26/2014, Vol. 44 Issue 21, p6 

    The article reports on a letter of intent announced by nonprofit U.S. health system Catholic Health Initiatives for acquisition of Sylvania Franciscan Health, a medical and surgical hospital, as of May 2014.

  • Religious affiliation. Selvam, Ashok // Modern Healthcare;8/20/2012, Vol. 42 Issue 34, p4 

    The article reports on the letter of intent signed by Englewood, Colorado-based Catholic Health Initiatives expressing its intent to affiliate with Bellevue, Washington-based Catholic care provider PeaceHealth.

  • Daughters of Charity seeks buyers for its five hospitals, assets. Evans, Melanie // Modern Healthcare;1/20/2014, Vol. 44 Issue 3, p6 

    The article presents information on Daughters of Charity Health System, which is seeking buyers for its five hospitals in the U.S. as of January 2014. It mentions that the health system has put up a condition that the buyer should not be Ascension Health, the largest Catholic health system in...

  • Scale savings seen in Dignity-CHI merger, but debt issues loom. Barkholz, Dave // Modern Healthcare;10/31/2016, Vol. 46 Issue 44, p0010 

    The article reports on the factors affecting the possible merger between nonprofit healthcare groups Dignity Health and Catholic Health Initiatives. Topics discussed include the same Catholic heritage shared by the two organizations, exploration of a possibility of alignment, and the debt...

  • St. Joseph, Hoag Memorial get OK to form new system.  // Modern Healthcare;9/10/2012, Vol. 42 Issue 37, p4 

    The article reports on the federal antitrust clearance received by St. Joseph Health and Hoag Memorial Hospital Presbyterian from the U.S. Federal Trade Commission for their plan to form a new regional health system in Southern California.

  • WEST. Carlson, Joe // Modern Healthcare;1/7/2013, Vol. 43 Issue 1, p20 

    The article reports on Ascension Health's affiliation agreement with six-hospital Daughters of Charity Health System of Los Altos Hills, California which provides the former with its first presence in the state.

  • PORTLAND, Maine. Lee, Jaimy // Modern Healthcare;1/21/2013, Vol. 43 Issue 3, p20 

    The article reports that the Eastern Maine Healthcare System (EMHS) in Portland has signed a definitive agreement to purchase the 168-bed Mercy Hospital that is part of Catholic Health East and its service units including VNA Home Health & Hospice.

  • Tenet, Ascension and Dignity partner up in Tucson. Kutscher, Beth // Modern Healthcare;7/28/2014, Vol. 44 Issue 30, p12 

    The article offers information on the acquisitions and mergers of healthcare companies, which linked the U.S. cities Tucson, Arizona and Phoenix, Arizona. It mentions that the nonprofit organization, Banner Health has signed 1billion U.S. dollars deal to buy the University of Arizona Health...

  • Trinity to buy Loyola: Letter of intent calls for debt assumption, cash. Carlson, Joe // Modern Healthcare;3/7/2011, Vol. 41 Issue 10, p4 

    The article announces that Trinity Health will acquire the Chicago, Illinois-based academic medical center Loyola University Health System. Under the deal, Trinity Health has agreed to pay in cash and assume a portion of debt to become the sole owner of the health system. The transaction will be...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics