M&A Deal Summary

Centura Health Acquires Steward Health Care System - Utah Care Sites

On February 15, 2023, Centura Health acquired healthcare services company Steward Health Care System - Utah Care Sites from Steward Health Care

Acquisition Highlights
  • This is Centura Health’s 1st transaction in the Healthcare Services sector.
  • This is Centura Health’s 1st transaction in the United States.
  • This is Centura Health’s 1st transaction in Utah.

M&A Deal Summary

Date 2023-02-15
Target Steward Health Care System - Utah Care Sites
Sector Healthcare Services
Buyer(s) Centura Health
Sellers(s) Steward Health Care
Deal Type Divestiture

Target

Steward Health Care System - Utah Care Sites

Lehi, Utah, United States
Steward Health Care System's Utah Care Sites which include five hospitals, more than 35 medical group clinics, and a clinically integrated network of care providers. Steward Health Care System's Utah Care Sites are based in Lehi, Utah.

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Buyer(S) 1

Buyer

Centura Health

Centennial, Colorado, United States

Category Company
Sector Healthcare Services
DESCRIPTION

Centura Health connects individuals, families and neighborhoods across Colorado and western Kansas with more than 6,000 physicians and 21,000 of the best hearts and minds in health care. Centura Health is based in Centennial, Colorado.


DEAL STATS #
Overall 1 of 1
Sector: Healthcare Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Utah M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1

Seller(S) 1

SELLER

Steward Health Care

Dallas, Texas, United States

Category Company
Founded 2010
Sector Healthcare Services
DESCRIPTION

Steward Health Care is the largest private, tax-paying physician-led health care network that operates 37 hospitals in the United States and the country of Malta that regularly receive top awards for quality and safety. Steward Health Care was founded in 2010 and is based in Dallas, Texas.


DEAL STATS #
Overall 4 of 5
Sector: Healthcare Services M&A 3 of 4
Type: Divestiture M&A Deals 4 of 5
State: Utah M&A 1 of 1
Country: United States M&A 4 of 5
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-01 Steward Health Care System - Medicare Value-Based Care Business

Dallas, Texas, United States

Steward Health Care System's Medicare Value-Based Care Business is a senior-focused value-based care platform in the U.S. across Medicare Advantage, DCE/ACO REACH and MSSP.

Sell $25M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-08-12 Steward Health Care - Stewardship Health business

Dallas, Texas, United States

Steward Health Care's Stewardship Health business is a value-based care platform in the country, combining Steward Health Care Network and the primary care providers of Steward Medical Group.

Sell -