Sponsored by VMG Health | info@vmghealth.com | 214.369.4888

Bert Fish Medical Center Only Receives 2 Partnership Proposals

New Symrna Beach, Fla.-based Bert Fish Medical Center's Dec. 20 deadline for partnership proposals has come and gone with only two submissions, according to a Daytona Beach News-Journal report.

Halifax Health in Port Orange, Fla., and Naples, Fla.-based Health Management Associates were the only two organizations to file letters of intent.

Bert Fish began searching for a partner for a second time in May after a 2010 merger with Florida Hospital in Orlando, part of Altamonte Springs, Fla.-based Adventist Health System, fell through. A judge invalidated that deal, ruling the meetings about the merger violated the state's Sunshine Law, which establishes a basic right to access to most meetings of boards, commissions and other governing bodies of state and local governmental agencies or authorities. Halifax Health and HMA were finalists during this botched merger in 2010.

According to the report, board members are disappointed by the lack of response and may re-examine the process to consider extending the deadline. However, until then, an evaluation committee will assess the proposals from Halifax and HMA, interview finalists and decide whether to engage in a transaction.

More Articles on Bert Fish Medical Center:

Halifax Health, HMA Renew Interest in Merger With Bert Fish Medical Center
Bert Fish Medical Center Splits $6M Settlement Between Legal Fees, Cash Reserves
Bert Fish Medical Center in Florida Plans $7.7M Cardiac, Cancer Projects

Copyright © 2023 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.


Featured Whitepapers

Featured Webinars