Signed and Scrubbed: December 2025 hospital M&A

Welcome back to Signed and Scrubbed, a monthly roundup of hospital deals, developments, and bankruptcies.

To close out 2025, health systems—all nonprofits this month!—from New Jersey to California made moves, including calling off deals and opening new facilities. Here’s your December news.

ChristianaCare/Virtua Health. Wilmington, Delaware-based ChristianaCare, which includes the 1,039-bed Christiana Hospital, called off a merger deal on Dec. 18 with 833-bed Virtua Health in Marlton, New Jersey. In a press release, the health systems said they had “mutually agreed” to cancel the letter of intent signed in July and they “can best fulfill their missions to serve their communities by continuing to operate independently.”

CommonSpirit Health. Becker’s reported Chicago-based health system CommonSpirit is scheduled to open Memorial Hospital-North Georgia in Ringgold on Jan. 11, which would effectively replace the current CHI Memorial Hospital Georgia facility in Fort Oglethorpe. The hospital will have 64 beds.

Hartford HealthCare. Connecticut’s Hartford HealthCare received state approvals on Dec. 29 to acquire two bankrupt Prospect Medical Holdings hospitals—Manchester Memorial and Rockville General—for $86.1 million, bumping the number of hospitals in the system up to eight.

Maimonides Health. On Dec. 29, 11-hospital NYC Health + Hospitals announced that three-hospital Maimonides Health in Brooklyn would join the city health system. The deal still needs regulatory approvals.

OroHealth. The 133-bed Oroville Hospital in Oroville, California, part of the OroHealth health system, filed for Chapter 11 bankruptcy protections on Dec. 8 in an effort to “facilitate and maximize the value” of a potential upcoming transaction. The hospital will still operate, as it hopes to sustain its long-term future through the proceedings.