Jefferson Health and Einstein Healthcare Agree to Merge

Jefferson Health and Einstein Healthcare Agree to Merge

by | Sep 20, 2018 12:37 pm | Hospitals | 0 comments

Two Philadelphia-based not-for-profit health systems have agreed to merge. Einstein Healthcare Network and Jefferson Health System signed a definitive agreement on September 14, following their letter of intent signing in March 2018. Einstein is a leading healthcare sytem with approximately 1,000 beds. It includes Einstein Medical Center Philadelphia (548 beds), Einstein Medical Center Montgomery, and Einstein Medical Center Elkins Park, as well as MossRehab, an inpatient rehabilitation hospital, and Willowcrest, a skilled nursing facility. Jefferson Health provides primary to highly-specialized care through 14 hospitals, more than 40 outpatient and urgent care locations, the... Read More »

Acadia Healthcare Is Still on the Acquisition Trail

by | Jun 8, 2015 7:26 pm | Behavioral Health Care, Hospitals | 0 comments

Acadia Healthcare (NASDAQ: ACHC) made its second acquisition of 2015 last week, adding three more facilities to its growing list of inpatient behavioral health care assets. Two of its targets are in the United Kingdom, where last year it picked up Partnerships in Care, the second-largest independent behavioral health care provider, for $662 million. This year Acadia acquired Care UK, which operates 15 inpatient facilities with approximately 300 beds, and Choice Lifestyles, a single facility with 42 beds. The third property is Belmont Behavioral Health, a 147-bed inpatient facility that was part of the not-for-profit Einstein Healthcare Network outside Philadelphia, Pennsylvania. The... Read More »