Welcome back to Signed and Scrubbed, a monthly roundup of hospital deals and bankruptcies.
With consistent M&As between hospitals and ongoing financial challenges leading to bankruptcies, Healthcare Brew is here to keep you in the loop.
In our second edition, we’ve compiled news we took note of in February 2025. Here’s the rundown.
The Bellevue Hospital. On Feb. 5, the 50-bed not-for-profit Bellevue Hospital in Toledo, Ohio, announced plans for Firelands Health to acquire the facility after it had filed for Chapter 11 bankruptcy. The hospital was facing challenges “common to rural and independent US hospitals,” according to a press release from Sandusky, Ohio-based health system Firelands, including high operational costs, regulatory complexity, and difficulty accessing capital.
HCA Healthcare. Nashville-based HCA, one of the biggest hospital systems in the US with 186 facilities, completed its purchase of Florida’s Lehigh Regional Medical Center on Feb. 27. Leigh Regional was previously owned by Ontario, California-based Prime Healthcare. Jyric Sims, president of HCA Healthcare West Florida Division, said in a release that the deal is a “complimentary addition” to the system’s 17 hospitals in the area.
Check out the latest in hospital happenings here.—CM
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