11 Recent Hospital and Health System Transactions

Here are 11 hospital transactions that occurred in the previous week, beginning with the most recent.

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1. As Whidbey General Hospital in Coupeville, Wash., plans a new vote for a $50 million expansion bond, the administration is open to the possibility of a merger.

2. Bloomsburg (Pa.) Health has signed a non-binding letter of intent to explore a merger with Danville, Pa.-based Geisinger Health System.

3. Palm Drive Hospital in Sebastopol, Calif., is in talks with the St. Helena Region of Adventist Health about a possible affiliation.

4. Beverly, Mass.-based Northeast Health System is delaying its choice of a buyer until September to allow for more time to review and discuss merger offers by several hospitals, including Beth Israel Deaconess Medical Center in Boston.

5. Chapel Hill-based UNC Health Care System has formed a committee to review the $750 million acquisition offer by Raleigh, N.C.-based WakeMed Health and Hospitals.

6. Memorial Hospital in York, Pa., is seeking business partners to help expand health services, recruit physicians and establish a replacement hospital.

7. Franklin, Tenn.-based Capella Healthcare has signed a definitive purchase agreement for a subsidiary that owns a majority interest in White County Community Hospital in Sparta, Tenn., to acquire a 60 percent ownership interest in Woodbury, Tenn.,-based Cannon County Hospital.

8. St. Joseph’s Hospital and Medical Center in Phoenix and Phoenix Children’s Hospital have combined their pediatric neuroscience programs to form the Barrow Neurological Institute at Phoenix Children’s Hospital.

9. Fort Collins, Colo.-based Poudre Valley Health System and the University of Colorado Hospital at the Anschutz Medical Campus in Aurora have signed a letter of intent to create a joint operating agreement.

10. Kennewick (Wash.) General Hospital and PMH Medical Center in Prosser, Wash., are forming a partnership to deliver cancer treatment.

11. Detroit’s Barbara Ann Karmanos Cancer Institute and Crittenton Hospital Medical Center in Rochester Hills, Mich., have dissolved their joint venture agreement over a new cancer facility.

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