M&A Deal Summary

Vanguard Health Systems Acquires Arizona Heart Hospital

On August 9, 2010, Vanguard Health Systems acquired healthcare services company Arizona Heart Hospital from MedCath for 32M USD

Acquisition Highlights
  • This is Vanguard Health Systems’ 1st transaction in the Healthcare Services sector.
  • This is Vanguard Health Systems’ largest (disclosed) transaction.
  • This is Vanguard Health Systems’ 1st transaction in the United States.
  • This is Vanguard Health Systems’ 1st transaction in Arizona.

M&A Deal Summary

Date 2010-08-09
Target Arizona Heart Hospital
Sector Healthcare Services
Buyer(s) Vanguard Health Systems
Sellers(s) MedCath
Deal Type Divestiture
Deal Value 32M USD

Target

Arizona Heart Hospital

Phoenix, Arizona, United States

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Buyer(S) 1

Buyer

Vanguard Health Systems

Nashville, Tennessee, United States

Category Company
Sector Healthcare Services
DESCRIPTION

Vanguard Health Systems, Inc. owns and operates acute care hospitals and complementary facilities. Since 1998, the company has acquired or developed 16 acute care hospitals with a total of 3,784 beds. In addition, the company owns a Medicaid health plan serving 94,600 members and a capitated health plan serving 47,600 members.


DEAL STATS #
Overall 1 of 1
Sector (Healthcare Services) 1 of 1
Type (Divestiture) 1 of 1
State (Arizona) 1 of 1
Country (United States) 1 of 1
Year (2010) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

MedCath

Charlotte, North Carolina, United States

Category Company
Founded 1996
Sector Healthcare Services
Employees272
Revenue 442M USD (2014)
DESCRIPTION

MedCath Corp. is a developer, owner and operator of hospitals in partnership with cardiologists and cardiovascular surgeons.


DEAL STATS #
Overall 1 of 5
Sector (Healthcare Services) 1 of 5
Type (Divestiture) 1 of 4
State (Arizona) 1 of 3
Country (United States) 1 of 5
Year (2010) 1 of 1
Size (of disclosed) 4 of 5
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-02-18 Heart Hospital Of Austin

Austin, Texas, United States

Heart Hospital Of Austin The uniquely designed 58-bed hospital offers a full range of cardiac services and includes a 24-hour full-service emergency center.

Buy $84M