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5 Recent Hospital Transactions and Partnerships

The following hospital mergers, acquisitions and general transactions took place within the past week, beginning with the most recent.

1. Rhode Island Judge Expected to Rule on Landmark Medical Center Sale This Month
Rhode Island Superior Court Judge Michael Silverstein will hold a hearing later this month concerning Ontario, Calif.-based Prime Healthcare Services' purchase of Landmark Medical Center in Woonsocket, R.I.

2. Mayo Clinic Care Network Adds St. Francis Hospital in Georgia
St. Francis Hospital, a 376-bed community hospital based in Columbus, Ga., agreed to become a member of the Mayo Clinic Care Network.

3. Baptist Health Strikes Lease Agreement With Hot Spring County Medical Center
Baptist Health in Little Rock, Ark., and Hot Spring County Medical Center in Malvern, Ark., entered into a long-term lease agreement, effective Jan. 1, 2014.

4. Geisinger, AtlantiCare Sign Deal to Affiliate
Geisinger Health System in Danville, Pa., and AtlantiCare in Atlantic City, N.J., signed a letter of intent to partner.

5. Maimonides, Richmond University Medical Centers Discuss Partnership
Executives at Richmond University Medical Center in Staten Island, N.Y., disclosed that they are in partnership talks with Maimonides Medical Center in Brooklyn, N.Y.

More Articles on Transactions and Valuations Issues:
Staying Independent: 4 Healthcare CEOs Share Their Perspectives
The Future of Community Hospitals: To Sell or Remain Independent
8 Recent Hospital Transactions and Partnerships 

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