The Quest for Expansion: Large Health Systems on the Move to Acquire Hospitals in 2024

10 health systems expanding in 2024

In 2024, several large health systems have been actively acquiring hospitals to expand their reach and improve patient care. Adventist Health, based in Roseville, California, purchased two hospitals from Tenet in March for $550 million. Dartmouth Health, located in Lebanon, New Hampshire, negotiated terms with the state Attorney General to acquire Valley Regional Hospital in Claremont in April.

HCA Healthcare, headquartered in Nashville, Tennessee, saw its subsidiary Medical City Healthcare in Dallas acquire Trinity Regional Hospital Sachse (Texas) from Sunland Medical Foundation in February. Kaiser Permanente, based in Oakland, California, expanded its footprint by acquiring Geisinger Health in Danville, Pennsylvania through its Risant Health division in March.

Mercy, a health system in St. Louis, revealed plans to acquire Ascension Via Christi Hospital in Pittsburg, Kansas in February and completed the acquisition of SoutheastHealth in Cape Girardeau, Missouri

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