1. Cookeville Regional to Acquire Cumberland River Hospital in Tennessee
Regional Medical Center signed a letter of intent to acquire Cumberland River Hospital in Celina, Tenn.
2. Affinity Health in Wisconsin Sold to Ministry Health Care
Glendale, Wis.-based Wheaton Franciscan Healthcare sold its ownership stake in Menasha, Wis.-based Affinity Health System to Ministry Health Care in Milwaukee.
3. Sparrow, Hayes Green Beach Memorial in Michigan Develop Affiliation
Sparrow Health System in Lansing, Mich., and Hayes Green Beach Memorial Hospital in Charlotte, Mich., are working to develop a nonexclusive affiliation.
4. Health Management Associates, Integris Health Executes Joint Venture for 5 Oklahoma Hospitals Integris Health in Oklahoma City executed a definitive agreement with Health Management Associates in Naples, Fla., to joint venture five Oklahoma hospitals.
5. Hartford HealthCare, Backus Corporation Sign Affiliation Letter of Intent
Hartford (Conn.) HealthCare, Hartford Hospital’s regional care network, announced a potential affiliation with Backus Corporation, parent company of Backus Healthcare System, based in Norwich, Conn.
6. New Mexico’s Lovelace Health Completes Roswell Regional Purchase
Lovelace Health System based in Albuquerque, N.M., completed its purchase of the assets and operations of Roswell (N.M.) Regional Hospital and its Family Care Clinic in Roswell.
Related Articles on Hospital & Health System Transactions:
FTC’s Stance Toward Hospital Mergers Grows More Aggressive
Christ Hospital in New Jersey Files for Chapter 11 Bankruptcy
New York’s Nassau Health Seeks $30M to Strengthen North Shore-LIJ Health Affiliation
