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15 Recent Hospital and Health System Transactions

Here are 15 hospital transactions that occurred in the past two weeks, beginning with the most recent.

1. Allendale County Hospital in Fairfax, S.C., has withdrawn its plan to join with Bamberg (S.C.) County Hospital and Barnwell (S.C.) County Hospital to form the proposed Tri-County Regional Health System.

2. Community Health Systems based in Franklin, Tenn., announced its intent to acquire Scranton, Pa.-based Moses Taylor Health Care System's assets.

3. Georgia Attorney General Sam Olens has approved Albany, Ga.-based Phoebe Putney Health System's acquisition of Dorminy Medical Center in Fitzgerald, Ga., despite the fact Phoebe Putney is engaged in a lawsuit over purchasing Albany, Ga.-based Palmyra Medical Center.

4. Meridian, Miss.-based Anderson Regional Medical Center and Philadelphia, Miss.-based Neshoba County General Hospital-Nursing Home have officially entered into an affiliation to provide "compassionate, efficient and effective healthcare to the people of central Mississippi."

5. Geisinger Health Systems in Danville, Pa., and Community Medical Center in Scranton, Pa., are planning to merge.

6. Leaders with Kansas City, Kan.-based Kansas University Hospital, KU Medical Center and KU Physicians are set to begin negotiations to iron out a new affiliation agreement.

7. Amidst a $2.2 million financial loss in 2010, Pauls Valley (Okla.) General Hospital is exploring a partnership with four health systems throughout the state.

8. Sierra Vista Regional Health Center in Douglas, Ariz., has entered into a contract to manage 25-bed Southeast Arizona Medical Center, also in Douglas, effective July 14.

9. Greenville (S.C.) Hospital System and Columbia, S.C.-based Palmetto Health are considering collaboration opportunities.

10. Franklin, Tenn.-based Capella Healthcare has signed a letter of intent to explore a partnership with 45-bed, physician-owned Muskogee (Okla.) Community Hospital.

11. The Massachusetts attorney general's office and the state's Department of Public Health will hold a public hearing on Aug. 9 on the planned sale of Quincy (Mass.) Medical Center to Boston-based for-profit Steward Health Care System.

12. Temple, Texas-based Scott & White Healthcare has signed a 20-year affiliation agreement with Texas Children's Hospital, also in Temple, to enhance the quality of pediatric care.

13. Prime Healthcare Services Foundation, the non-profit arm of Ontario, Calif.-based Prime Healthcare Services, plans to acquire bankrupt Victor Valley Community Hospital in Victorville, Calif., for $35 million.

14. Moody's Investors Service has upgraded Loyola University in Chicago's debt rating from A3 to A2 following its sale of Loyola University Health System to Novi, Mich.-based Trinity Health, according to a Chicago Tribune report.

15. Harry Jones, manager of Mecklenburg County, N.C., is recommending the county end its contract with Charlotte, N.C.-based Carolinas HealthCare System at the end of June 2013, a year earlier than the system proposed.

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