Healthcare mergers and acquisitions are in no short supply as providers, health tech companies, payers and other industry players look to expand their businesses and gain a competitive edge. Here’s a roundup of new deals that were revealed, closed, rumored or called off during the month of October.
Provider
Rush University System for Health and Endeavor Health announced plans to merge, becoming a 12-hospital nonprofit with nearly $11 billion in annual revenue. The resulting entity would command over 400 care sites, employ more than 46,000 people including over 3,400 clinicians, and reach over 2 million Northern Illinois and Northwest Indiana patients per year. The pair are targeting an early 2027 close and outlined plans to commit $1 billion of Endeavor funds toward care in the region.
Private equity firm CD&R and healthcare conglomerate McKesson plan to acquire Option Care Health, a provider of infusion therapy services, in a deal valued at $5.8 billion. The purchase gives equity holders a per-share offer of $32.05 and is expected to close in the first half of 2027. CD&R would be the majority stakeholder in the company, which is the country’s largest independent at-home and alternate site infusion services provider.
Bon Secours Mercy Health announced plans to acquire a majority stake in Surgery Partners, among the country’s largest outpatient surgical care companies, in a take-private deal valuing the acquiree at $5.7 billion. Bain Capital Private Equity will roll over its 39% share of the company as it is purchased by a Bon Secours affiliate at $23.50 per share. Surgery Partners includes more than 200 locations and about 5,000 affiliated physicians across 30 states. The organizations are targeting an early 2027 close.
Risant Health, Kaiser Permanente’s subsidiary value-based care platform, announced Integris Health as its next regional health system acquisition. Financial terms were not disclosed, though the deal is aiming for an early 2027 close. Integris is Oklahoma’s largest nonprofit provider with 10 acute and 10 specialty hospitals with $3.3 billion in total operating revenues during the 2025 fiscal year.
MultiCare Health System during October picked up the final needed regulatory approval to absorb Samaritan Health Services. The nonprofits then consummated their 18-hospital combination on Nov. 1.
Hackensack Meridian Health has signed a definitive agreement to pick up Central New Jersey’s Hunterdon Health, which would grow the state’s largest health system to 19 total hospitals. The agreement outlines a $200 million capital investment from Hackensack Meridian, plus another $30 million to roll out Epic’s electronic health record.
Cencora (formerly AmerisourceBergen) signed a definitive agreement to acquire American Oncology Network, a collection of more than 350 oncology providers, in a deal valuing the network at $2.4 billion. Cencora said it expects to pay $1.7 billion to increase its 4% interest to 75%.
Parkview Health is acquiring Ovation Healthcare, a nationwide shared services vendor for providers. The 16-hospital Indiana nonprofit did not disclose financial terms, but said it hopes to close the deal within weeks. Parkview views the pickup as an opportunity to boost its administrative capabilities, which could be offered to other rural systems.
Parkview Health also wrapped its acquisition of Goshen Health, a 105-bed hospital with a network of physicians.
Independence Health System, a five-hospital nonprofit in western Pennsylvania, joined the West Virginia University Health System on Oct. 1. The deal was announced late last year and brings a five-year, $800 million capital commitment from WVU Health System toward the Independence hospitals and communities, which will "immediately" begin operating under the WVU Medicine brand.
Kettering Health plans to add Knox Community Hospital as its 15th medical center. The Ohio systems signed a definitive agreement for their deal, which will include undisclosed commitments toward Knox’s facilities, equipment and technology.
Nationwide Children’s Hospital plans to acquire the pediatric practice of Knox Community Hospital in spring 2027. Nationwide plans to combine the practice with one of its affiliates and continue providing services to Knox.
Allegiance Health Management said it plans to divest four Louisiana hospitals: Minden Medical Center, Northern Louisiana Medical Center, Acadian Medical Center and Mercy Regional Medical Center. No potential buyers or deal timelines were given.
Orlando Health closed its acquisition of RMC Health System, an Alabama organization with a 375-bed medical center. The deal was first announced in April, and brings five years of “significant” investment into RMC’s facilities, equipment and technology.
HCA Healthcare sold 31 home health and hospital agencies to Deaconess Associations. The facilities were located across eight states. Financial terms were not disclosed.
MaineHealth added York Hospital to its Southern region, marking the 79-bed facility as the system’s 10th hospital.
Ascension Seton said it is acquiring three locations in the greater Austin area from Family Health Systems, one of which is Auton-based Family Hospital. The deal is set to close later this year.
Cone Health entered an agreement to acquire three pharmacies in Reidsville, North Carolina: Carolina Apothecary, Belmont Pharmacy and Rx Care.
Payer
Humana struck a deal shifting out Welsh, Carson, Anderson & Stowe for BlackRock for equity in a joint venture running about 150 of its CenterWell locations. The deal sees BlackRock buying out WCAS’ equity for about $2.8 billion.
Horizon Blue Cross Blue Shield of New Jersey is acquiring the New Jersey operations of Summit Health, which includes CityMD urgent care sites. Financial details or a potential timeline were not disclosed.
Health Tech
Redesign Health plans to merge with Sheba Medical Center’s innovation arm, ARC Global, creating a roughly $2 billion company. The pair hope to build an end-to-end platform that helps health systems to turn ideas originating with their own clinicians and operators into technology products and standalone companies that can then be scaled across a global network. To help do so, the pair also agreed to acquire strategic advisory and intelligence firm AVIA.
Teladoc Health acquired Teledigm Health, which provides hybrid clinical services and specialized care support for rural and regional health systems, the public virtual care company announced alongside its Q3 earnings. Financial terms were not disclosed. Teladoc leadership said picking up its longtime partner will help it grow with providers serving rural communities.
RadNet, an imaging center operator and seller of radiology technology, is acquiring Onrad, a teleradiology services company with 130 contracted radiologists. The deal is expected to close early next year and will bring Onrad shareholders a collective $350 million plus 5 million RadNet shares, with additional performance-based earnouts.
iRhythm wrapped its acquisition of cardiac remote patient monitoring company VitalConnect for $237.5 million. The deal will help iRhythm evolve from ambulatory cardiac monitoring toward “a broader cardiac monitoring and intelligence platform,” its CEO and president told Fierce Healthcare.
Zocdoc acquired insurance technology company Sohar Health, the first acquisition in its nearly 20-year history and part of its push to evolve beyond an appointment-booking marketplace into broader healthcare access infrastructure. Financial terms were not disclosed.
Carenet Health, which provides patient engagement and navigation tools to more than 400 healthcare partners, acquired Orbita, an AI engagement and communication company that does business with providers. Financial terms were not disclosed.
Tegria, a healthcare consultancy and services company, acquired cybersecurity, cloud hosting and managed IT services company CloudWave for an undisclosed sum.
Chapter, a Medicare navigation and retirement advisory company, has acquired Hively, a personalized retirement navigation and membership startup, for an undisclosed sum. The pair intend to launch in-person and online community programming for retirees surrounding retirement and aging topics, a move beyond Medicare navigation alone.
Sagility, a provider and payer technology services company, acquired Chirok Health, which offers clinical documentation improvement, medical coding and revenue integrity services for an undisclosed sum.
Investment firm Sopris Capital said it acquired Blackford Analysis, an AI medical imaging platform, from Bayer for an undisclosed sum. Sopris said it intends to deploy the company’s tools across its healthcare portfolio.
Emergence, a private equity firm, acquired digital intake and online reputation management software company Clinect for an undisclosed sum.