top of page
Sign up for our new Weekly Checkup Newsletter
Healthcare M&A and Valuation
News and Insights


Specialty Hospital M&A | Select Medical Taken Private by WCAS (~9.2x EBITDA / 0.72x Revenue)
On March 2, 2026, Select Medical Holdings Corporation (NYSE: SEM) announced a definitive agreement to be taken private by a consortium led by Executive Chairman and Co-Founder Robert A. Ortenzio, Senior Executive Vice President Martin F. Jackson, and private equity firm Welsh, Carson, Anderson & Stowe (WCAS) at $16.50 per share in cash, representing an enterprise value of approximately $3.9 billion.
Mar 22 min read


Surgical Hospital M&A | Oklahoma Spine Hospital Acquired by SSM Health (~7.0x EBITDA / 0.90x Revenue)
On February 2, 2026, Medical Facilities Corporation (TSX: DR) announced the sale of its 64% interest in Oklahoma Spine Hospital, LLC (OSH) to SSM Health, a nonprofit health system, for $46 million in cash. The purchase price implies a total 100% enterprise value of approximately $71.9 million. The transaction also included the concurrent sale of Medical Facilities' 51% interest in the Surgery Center of Newport Coast, LLC to Newport Orthopedic Institute for $19.5 million.
Feb 22 min read


Hospital System M&A | Nebraska Medicine / University of Nebraska Merger (~5.7x EBITDA / 0.63x Revenue)
On January 2, 2026, the University of Nebraska and Nebraska Medicine announced the completion of a historic transaction in which Clarkson, a legacy nonprofit health system, resigned its membership in Nebraska Medicine, effectively transferring its 50% governance interest to the University of Nebraska. The purchase price for Clarkson's 50% interest was $800 million, plus the assumption of outstanding debt and capital lease obligations of approximately $320.4 million as of June
Jan 62 min read


Ascension Acquires Cedar Park Regional (~13x EBITDA)
On April 15, 2025, Ascension Health, one of the largest nonprofit health systems in the United States, announced the acquisition of Cedar Park Regional Medical Center, a full-service acute care hospital in Texas formerly owned by Community Health Systems (CHS). Cedar Park serves a rapidly growing suburban population with comprehensive inpatient and outpatient care, including emergency services, surgical care, women’s health, and specialist physician services. For Ascension,
Apr 18, 20252 min read


Tenet Divests Two More Facilities in California (~14.5x EBITDA)
In a move indicative of a larger trend in healthcare consolidation, Tenet Healthcare Corporation (NYSE: THC) announced a definitive...
Mar 1, 20241 min read


Tenet Sells Pacific Coast Network to UCI Health (~13.7x EBITDA)
The Regents of the University of California, on behalf of the University of California, Irvine, has entered into a definitive agreement ...
Feb 2, 20242 min read


SunLink (AMEX: SSY) Sells Final Hospital, Trace Regional, for $8m (0.55x Rev)
Edit: The deal price was revised to $2.5m on January 29, 2024. SunLink Health Systems, Inc. (AMEX: SSY) announced it has signed an...
Nov 14, 20232 min read
bottom of page