Mergers & Acquisitions

The nonprofit Prime Healthcare Foundation will buy the Memorial Hospital of Salem County from Community Health Systems, the healthcare providers announced this week.

The partnership is expected to help deliver a broad scope of value-based healthcare solutions.

Tenet had been looking to sell the hospitals for some time.

The California attorney general is reviewing the proposed change in control and governance of two nonprofits, California-based St. Joseph Health System and Providence Health & Services, based out of Washington.

Computer Programs and Systems, which provides healthcare information solutions to rural and community hospitals, will buy technology vendor firm Healthland Holding and its affiliates for $250 million, the company announced.

Acquisition represents a strategic fit for Bard as it enhances its position in the home care market.

Vizient Inc., which becomes official on Jan. 1, 2016, will provide services to close to 30 percent of U.S. hospitals, including nearly all academic medical centers and health systems

Pharmaceutical giant Pfizer on Sunday said it would merge with Botox maker Allergan in a $160 billion deal that would shift the company's executive offices to Ireland in a tax-saving "inversion" deal that is sure to come under heavy regulatory scrutiny.

The new organization would be comprised of eight hospitals, a network of ambulatory sites, two established accountable care organizations, more than 1,700 aligned physicians and providers and a continuation of the academic relationship with The Warren Alpert Medical School of Brown University.

The third quarter of 2015 was a busy one for hospital mergers, joint ventures and acquisitions, according to a new report by financial advisory firm Ponder & Co., with 28 deals announced.