Texas Health Resources M&A Activity in LevinPro Database
Texas Health Resources has been linked to a hospital merger or acquisition in the LevinPro HC M&A deal database. The organization is affiliated with Texas Health Hospital Frisco, a not-for-profit hospital situated at 12400 N Dallas Pkwy in Frisco, Texas. It was incorporated on September 10, 2018. LevinPro HC, 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 Texas Health Hospital Frisco in its deal database, which is available to subscribers here. LevinPro HC has tracked thousands of deals in the hospital sector throughout its history. To see the underlying... Read More »
Community Health Systems Sells Cedar Park Regional Medical Center
Community Health Systems, one of the largest publicly traded hospital chains in the United States, has offloaded another hospital from its portfolio. On April 15, Community Health Systems announced the sale of its 80% stake in Cedar Park Regional Medical Center to Ascension for $460 million in cash, implying a total value of $575 million for the hospital. Cedar Park Regional Medical Center is a 126-bed short-term acute care hospital with a Primary Stroke Center and a Level II Neonatal Intensive Care Unit. According to its most recent cost report data, the hospital generated approximately $181 million in net patient revenue in 2023. For the past few years, Community Health Systems has... Read More »
Hospital M&A Stalls in Q1:25 Amid Headwinds
News and results from the Hospital M&A market have been mixed in 2025 so far. Deal activity has been slow, with 11 transactions on the books at the time of writing, according to data captured in the LevinPro HC platform. Those numbers trail what we saw in Q1:24, which had 15 deal announcements. There are some likely explanations for this slowdown. Health systems and hospitals are undoubtedly lobbying and fighting the suspected Medicaid cuts from the Republican legislature and Trump Administration. Speaker of the House Mike Johnson and the President have said Medicaid is safe, but to reach their desired cuts and budget, there’s no way around the numbers. The advocacy group America’s... Read More »
Ardent Health Buys 18 Urgent Care Clinics in New Mexico and Oklahoma
Ardent Health kicked off the new year with an acquisition. The Nashville, Tennessee-based health system announced on January 3 that it has acquired 18 urgent care clinics across New Mexico and Oklahoma from Mesa, Arizona-based NextCare Urgent Care. Ardent Health, backed by Chicago-based private equity firm Equity Group Investments, is a leading healthcare provider in growing mid-sized urban communities across the United States. Through its subsidiaries, the company delivers care through a system of 30 acute care hospitals and more than 200 sites of care with more than 1,800 affiliated providers across six states. The six New Mexico urgent care clinics will operate as part of Lovelace... Read More »
Top 5 U.S. Hospital Deals of 2024
Hospital M&A activity has remained stable in the past few years, and based on preliminary results for 2024, it seems like the market kept the same pace. With only a couple of days before Christmas, there have been 67 Hospital deals announced, a marginal difference from the 75 announced in 2023 and 68 in 2022. Much of the activity has been driven by divestment from health systems, such as Tenet Healthcare, or from the bankruptcy proceedings of Steward Health Care. However, there was still a mix of health system mergers, community hospitals seeking larger partners, and deals in the international market. We plan to dig through the numbers and details in our upcoming Health Care Services... Read More »Schedule a demo
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