Tenet Healthcare, which already is seeking to purchase a majority share of Waterbury Hospital, has announced plans to acquire Saint Mary's Hospital as well. The two hospitals would remain independent, but would share resources and services.

Tenet is a Dallas-based hospital chain with 79 acute-care hospitals and 189 outpatient facilities in 16 states. It is also seeking to acquire Bristol Hospital and Healthcare Group, and the Eastern Connecticut Health Network, which includes Manchester Memorial and Rockville General hospitals.

Saint Mary's 19-member board of directors unanimously approved the proposed acquisition last week. The financial terms have . . .

Want To Read More? Log In Or Become A Free Member
Resource Available For All OPEN MINDS Circle Members
If you are already a member, log in to your account to access this resource and more.

You can become a free member and get access now. Learn more about the OPEN MINDS Circle Market Intelligence Service Membership. Reach out to our team at info@openminds.com, or call us at 877-350-6463.

A Paid OPEN MINDS Circle Membership provides unlimited organizational access to all OPEN MINDS strategic advice, market intelligence, and management best practices – over 250,000 resources!

Merger & Acquisitions

Submit a Bulletin
  • This field is for validation purposes and should be left unchanged.
  • Max. file size: 98 MB.