JD Supra: Mergers

JANUARY 29, 2024

On January 25, 2024 the Federal Trade Commission (FTC) sued to block Novant Health (Novant) from acquiring two North Carolina hospitals, Lake Norman Regional Medical Center and Davis Regional Medical Center from Community Health Systems (CHS).

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JD Supra: Mergers

OCTOBER 6, 2023

More hospital acquisitions may seek to avoid premerger scrutiny of the Federal Trade Commission (FTC) under the HSR Act (or any antitrust inquiry ever) if a recent federal district court decision holds up and becomes settled law. By: Manatt, Phelps & Phillips, LLP

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JD Supra: Mergers

JUNE 7, 2024

In February, 2023, Novant Health and Community Health Systems (CHS) entered into an Asset Purchase Agreement pursuant to which Novant agreed to acquire Lake Norman Regional Medical Center (LNR) and Davis Regional Psychiatric Hospital (Davis) and related assets in North Carolina from CHS for $320 million.

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JD Supra: Mergers

JUNE 21, 2024

The FTC lost its challenge to Novant's acquisition of two hospitals owned by Community Health Systems ("CHS") but obtained an injunction pending appeal. Soon after learning the injunction was granted, Novant dropped the proposed acquisition.

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JD Supra: Mergers

OCTOBER 2, 2023

As explained in prior posts, the Federal Trade Commission (“FTC”) filed suit in April of this year in Federal District Court for the District of Columbia seeking to enjoin Louisiana Children’s Medical Center (“LCMC”) from continuing to integrate the three New Orleans area hospitals that it had acquired from HCA Healthcare, Inc. (“HCA”)

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JD Supra: Mergers

JUNE 26, 2024

On June 18, 2024, the Fourth Circuit issued a 2-1 decision granting the FTC’s request to block the sale of two hospitals in Charlotte, North Carolina. Earlier this month, a federal court in the Western District of North Carolina declined to issue a preliminary injunction to block the proposed transaction. By: King & Spalding

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JD Supra: Mergers

OCTOBER 5, 2023

A US district court judge, in a case of first impression, recently held that Louisiana Children’s Medical Center’s acquisition of three New Orleans–area hospitals from HCA Healthcare, Inc.

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Global Newswire by Notified: M&A

JULY 8, 2024

July 08, 2024 (GLOBE NEWSWIRE) -- Effective Monday July 8, Evangelical Community Hospital is officially part of WellSpan Health. WellSpan Evangelical Community Hospital and the accompanying network of care will serve the Central Susquehanna Valley with primary, specialty and acute care close to home.

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Hospitality 45

PE Hub

NOVEMBER 15, 2023

The post Enlightened Hospitality Investments backs restaurant tech company Qu appeared first on PE Hub. USHG's existing backers include Cota Capital, NRD Capital and restaurant group Bobby Cox Companies.

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Hospitality Investment Capital 93

The New York Times: Mergers, Acquisitions and Dive

NOVEMBER 30, 2023

Nonprofit hospitals are behaving in ways that seem to focus more on dollars than patients.

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CNBC: Investing

MAY 20, 2024

A chipmaker was among Monday's biggest analyst calls along with a hospital stock.

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Hospitality Stock 105

JD Supra: Mergers

JUNE 19, 2024

Key Takeaways -.Requires Requires parties to apply for approval from the Hawaii State Health Planning and Development Agency (“HI Agency”) and provide notice to the Hawaii Attorney General (“HI AG”) for transactions involving the acquisition of a Hawaii-regulated hospital.The parties must provide 90 days notice before closing to the HI AG.

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PE Hub

OCTOBER 25, 2023

The joint venture will initially focus on new loan originations and debt refinancing exclusively in the hospitality space within primary and secondary markets throughout the U.S. The post Bain Capital and Smith Hill form $1bn hospitality-focused private lending platform appeared first on PE Hub.

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PE Hub

JULY 26, 2023

The post Hospitality management platform Craftable inks investment from Gauge Capital appeared first on PE Hub. As part of the investment, Tom McKelvey, Garrett Fair, and Sam Yang from Gauge Capital have joined Craftable’s board of directors.

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Hospitality Capital Management Investment 87

PE Hub

JULY 5, 2023

The post Greenbriar buys parking and hospitality solutions provider Towne Park appeared first on PE Hub. The seller was TA Associates.

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Hospitality 82

PE Hub

AUGUST 28, 2023

The post KSL Capital to take luxury hotels owner Hersha Hospitality Trust private appeared first on PE Hub. According to terms of the agreement, KSL will acquire Hersha shares for $10 per share.

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JD Supra: Mergers

AUGUST 15, 2023

The healthcare sector is a prime target for data breaches. According to a summary by the HIPAA Journal, 32% of all data breaches between 2015 and 2022 were in the healthcare sector, “almost double the number recorded in the financial and manufacturing sectors.”

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The Deal

JUNE 23, 2023

Rather, it sought to establish legal precedent that hospital mergers over the threshold for notification to Washington must alert the FTC about their agreement even when granted immunity from federal antitrust oversight. A victory for the hospitals could encourage more states to shield hospital mergers from Washington trustbusters.

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The New York Times: Mergers, Acquisitions and Dive

JULY 25, 2023

Undoing hospital monopolies may be a lost cause.

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JD Supra: Mergers

JULY 16, 2024

The joint venture (JV) model is a popular choice among investors for structuring their investments into hospitality and leisure (H&L) assets. By: Goodwin

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Global Banking & Finance

JANUARY 26, 2024

King Charles doing well in hospital after prostate treatment By Michael Holden LONDON (Reuters) -Britain’s King Charles is doing well after having planned treatment to address an enlarged prostate on Friday, a royal source said after he was admitted to the same hospital where his daughter-in-law Kate is recovering from surgery.

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Hospitality 40

Global Banking & Finance

JANUARY 26, 2024

King Charles admitted to London hospital for prostate treatment By Michael Holden LONDON (Reuters) -Britain’s King Charles went into hospital on Friday to have planned treatment to address an enlarged prostate, Buckingham Palace said, joining his daughter-in-law Kate who is recovering from surgery.

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Hospitality 40

Global Newswire by Notified: M&A

AUGUST 4, 2023

SkyQuest projects that the European hospital beds market will attain a value of USD 2.58 The expanding elderly population and the rising incidence of chronic diseases drive the European hospital beds market's growth. This has resulted in an increased number of patients seeking hospital admission, boosting market growth.

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Hospitality 40

PE Hub

AUGUST 25, 2023

The post PAG to acquire food and beverage hospitality business Australian Venue Co from KKR appeared first on PE Hub. AVC owns and operates a portfolio of more than 210 pubs, bars and restaurants across Australia and New Zealand.

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Hospitality Food Business Portfolio 65

Global Newswire by Notified: M&A

MAY 9, 2024

American Shared Hospital Services Announces Closing of Acquisition of 60% Majority Interest in Three Radiation Therapy Cancer Centers in Rhode Island.

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Global Newswire by Notified: M&A

MAY 1, 2024

The real estate was acquired by a subsidiary of Standard Bearer Healthcare REIT, Inc., Ensign’s captive real estate company, and the acquisition is effective as of May 1, 2024.

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Hospitality Healthcare Acquisitions Investment 45

The New York Times: Banking

FEBRUARY 18, 2024

Vyacheslav Igorevich Penchukov, 37, of Ukraine, pleaded guilty in federal court for his role in two separate malware schemes that caused tens of millions of dollars in losses.

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Hospitality Financial Institution Securities Bank 140

The New York Times: Mergers, Acquisitions and Dive

DECEMBER 26, 2023

A new study shows an increase in the rate of inpatient complications, including infections and falls, though patients were no more likely to die.

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JD Supra: Mergers

OCTOBER 5, 2023

In my earlier post in the Antitrust Advocate Blog, I noted recent setbacks that the Federal Trade Commission has experienced with respect to its regulatory authority.

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Global Newswire by Notified: M&A

JANUARY 30, 2024

30, 2024 (GLOBE NEWSWIRE) -- Big Sky proudly announces yet another acquisition prior to the new year – the real estate leased to Baylor Scott & White The Heart Hospital – Denton (“Baylor Heart Hospital of Denton”). DALLAS, Jan.

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Global Newswire by Notified: M&A

JANUARY 29, 2024

The global medical device cleaning market is on a steady growth trajectory, and a primary driving force behind this expansion is the rising prevalence of Hospital-Acquired Infections (HAIs). SkyQuest projects that the global medical device cleaning market will attain a value of USD 40.60 billion by 2030, with a CAGR of 10.6%

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Hospitality Medical 40

Global Newswire by Notified: M&A

AUGUST 25, 2023

SkyQuest projects that the hospital linen supply and management services market will attain a USD 21.3 Strict hygiene regulations in healthcare facilities drive the hospital linen supply and management services market. SkyQuest projects that the hospital linen supply and management services market will attain a USD 21.3

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JD Supra: Mergers

APRIL 25, 2024

With the end of the first quarter of 2024, we highlight five developments, changes, or challenges that health systems, hospitals, nursing homes, clinics, physician practices, health insurers, and other health care providers, companies, and investors may face when entering into health care transactions in the US market. By: ArentFox Schiff

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JD Supra: Mergers

OCTOBER 13, 2023

As further explained in our previous post, subject to certain exceptions, third party payers and administrators, hospitals, hospital systems, fully integrated delivery systems, pharmacy benefit managers, physician organizations, and other providers (collectively, Health Care Entities) will soon be subject to potential prospective.

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JD Supra: Mergers

JUNE 10, 2024

s (CHS) Lake Norman Regional Medical Center (LNR) and Davis Regional Psychiatric Hospital (Davis), thereby allowing the acquisition to proceed while the FTC conducts its administrative process to consider the lawfulness of the transaction. s (Novant) acquisition of Community Health Systems Inc.’s By: McDermott Will & Emery

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Global Newswire by Notified: M&A

AUGUST 11, 2023

SkyQuest projects that the hospital-acquired infections market will attain a USD 33.77 The surge in surgical procedures has sparked a concerning increase in global hospital-acquired infections. SkyQuest projects that the hospital-acquired infections market will attain a USD 33.77 billion value by 2030, with a CAGR of 1.5%

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Global Newswire by Notified: M&A

JULY 26, 2023

SkyQuest projects that the Asia medical/hospital beds market will attain a value of USD 904.35 Medical and hospital beds are essential for the chronically ill and elderly populations. SkyQuest projects that the Asia medical/hospital beds market will attain a value of USD 904.35 million by 2030, with a CAGR of 5.8%

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