LevinPro HC Stat of the Week: Most Active U.S. Health Systems by M&A Volume, 2021-2025

In our latest LevinPro HC Stat of the Week, we’re highlighting the top U.S. health systems by M&A activity over the past five years. HCA Healthcare has been the most active investor in the healthcare market since 2021, announcing 14 deals. Although HCA has added 14 hospitals to its network, the health system has largely focused on building its outpatient care network, announcing deals such as the $594 million acquisition of MD Now Urgent Care in 2022. West Virginia University Health System has been the most active academic medical center, adding seven hospitals to its network, including Harrison Community Hospital and Barnesville Hospital in Ohio, expanding its reach outside its... Read More »
McLaren Health Care Buys 11-Clinic Medical Group

McLaren Health Care Buys 11-Clinic Medical Group

Grand Blanc, Michigan-based McLaren Health Care has acquired Clarkston Medical Group (CMG). CMG is a network of primary and specialty care providers with 11 clinics in Oakland County. From pediatrics to adult and geriatric medicine, its providers focus on prevention, chronic disease management and same-day care. McLaren Health Care is a fully integrated health network comprised of 15 hospitals in Michigan and Ohio, a 490-member employed primary and specialty care physician network, outpatient centers, home health and hospice services and medical plans covering more than 588,000 lives in Michigan and Indiana. McLaren HealthCare leaders said CMG will operate within McLaren Community Based... Read More »

Top Health System Deals of 2025 

In another preview of our upcoming Healthcare Services Acquisition Report, we’re examining the top deals from health systems in 2025. Healthcare M&A activity from health systems fell by roughly 10% in 2025, to 121 deals. There were 15 large-scale health system mergers, but most deals in the Hospital sector were for single facilities, such as short-term acute care hospitals or critical access hospitals. However, health systems focused most of their M&A on the outpatient market, which accounted for 77% of their activity throughout the year.   Here were the top health systems deals in 2025.   PurHealth Expands in Europe  Based on cash consideration alone, PureHealth’s $936... Read More »
Community Health Systems Announces $450 Million Divestment 

Community Health Systems Announces $450 Million Divestment 

In the latest divestment from Community Health Systems, it has sold Crestwood Medical Center in Alabama for $450 million to Huntsville Hospital Health System.  Community Health System has been shedding hospitals for years to balance its portfolio and generate $1 billion in proceeds. In 2024, the publicly traded system sold four facilities, including Tennova Healthcare-Clarksville in Tennessee, which was purchased by Vanderbilt University Medical Center for $750 million.  Based in Huntsville, Alabama, Crestwood Medical Center offers a wide range of medical services to the Huntsville community and the surrounding region. For the 12 months ended June 30, 2024, it generated... Read More »

Trinity Health Corporation Linked to St Francis Hospital Merger or Acquisition in LevinPro Database

Trinity Health Corporation has been linked to a hospital merger or acquisition in the LevinPro M&A deal database. The organization is affiliated with St Francis Hospital Inc, a not-for-profit hospital which is situated at 701 N Clayton St in Wilmington, Delaware. It was incorporated on February 23, 1923. LevinPro, which tracks M&A activity across more than a dozen healthcare sectors from hospitals and home health to medical real estate and biopharma, profiled the transaction involving St Francis Hospital Inc in its deal database, which is available to subscribers here. LevinPro has tracked thousands of deals in the hospital sector throughout its history. To see the underlying deal... Read More »

Maimonides Health and NYC Health Merger Pushes Ahead

One of the largest municipal health systems in the United States is moving ahead, officials in New York City announced on December 29. Maimonides Health, a Brooklyn-based health system with three hospitals and more than 80 outpatient sites, is joining NYC Health + Hospitals. The merger is supported by a $2.2 billion grant from New York Governor Hochul and public support from the current New York Mayor Adams. According to its most recent consolidated financial audit, Maimonides Health generated $1.6 billion in net patient services revenue. But according to local reporting, the health system has struggled financially for years. It has lost approximately $45 million in the first three... Read More »