M&A Deal Summary

Virtua Health Acquires Lourdes Health System

On July 1, 2019, Virtua Health acquired healthcare services company Lourdes Health System

Acquisition Highlights
  • This is Virtua Health’s 1st transaction in the Healthcare Services sector.
  • This is Virtua Health’s 1st transaction in the United States.
  • This is Virtua Health’s 1st transaction in New Jersey.

M&A Deal Summary

Date 2019-07-01
Target Lourdes Health System
Sector Healthcare Services
Buyer(s) Virtua Health
Deal Type Add-on Acquisition

Target

Lourdes Health System

Camden, New Jersey, United States
Lourdes Health System owns and operates hospitals. The company was founded in 1950 and is based in Camden, New Jersey.

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Buyer(S) 1

Buyer

Virtua Health

Marlton, New Jersey, United States

Category Company
Founded 1999
Sector Healthcare Services
DESCRIPTION

Virtua Health is South Jersey's largest health system, committed to the mission of helping people be well, get well, and stay well and averaging more than one million patient encounters each year. Virtua's provide comprehensive care at five hospitals and more than 280 other locations, in addition to bringing health services directly into communities through home health, rehabilitation, mobile screenings, and its paramedic program. Virtua has 2,850 affiliated doctors and other clinicians, and its specialties include cardiology, orthopedics, advanced surgery, and maternity.


DEAL STATS #
Overall 1 of 1
Sector: Healthcare Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: New Jersey M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1