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Hospital and Health System Transactions (February 2011)

Toledo-based ProMedica Health System said the Federal Trade Commission’s new antitrust challenge of its acquisition of a 198-bed hospital is inconsistent with healthcare reform. ProMedica has been ordered to appear before an FTC administrative law judge for a May 31 trial in Washington, D.C.

Phoebe Putney Hospital, a non-profit hospital in Albany, Ga., plans to complete its acquisition of Palmyra Medical Center, a for-profit also in Albany, in February.

Hoboken (N.J.) University Medical Center signed a letter of intent with HUMC Holdco.

Memorial Health System, which is owned and operated by the city of Colorado Springs (Colo.), is continuing to move forward its plans to convert into a community non-profit.

The board of commissioners for Beaufort Regional Health System in Washington, N.C., approved an affiliation with Franklin, Tenn.-based Community Health Systems, despite a recommendation from its medical staff to affiliate with Greenville, N.C.-based University Health Systems of Eastern Carolina. At least one physician practicing at Beaufort has said he will end his affiliation with the hospital if it moves forward with an affiliation with CHS.

Charlotte, N.C.-based MedCath Corporation completed the sale of the assets of Texsan Heart Hospital in San Antonio to Methodist Healthcare System, also in San Antonio.

Naples, Fla.-based Health Management Associates completed the sale of 140-bed Riley Hospital in Meridian, Miss., to Anderson Regional Medical Center, also in Meridian.

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