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Hospital and Health System Transactions (July 2013)

Alameda Health System based in Oakland, Calif., is expected to sign a definitive agreement to acquire San Leandro (Calif.) Hospital from Sacramento, Calif.-based Sutter Health.

Barnabas Health, based in West Orange, N.J., and Jersey City (N.J.) Medical Center signed a definitive agreement in which JCMC would become part of the Barnabas system.

Executives at Dallas-based Baylor Health Care System and Temple, Texas-based Scott & White Healthcare are expected to close on their merger by the time this issue goes to press.

Boston-based Beth Israel Deaconess Medical Center and Cambridge (Mass.) Health Alliance signed a clinical and academic affiliation agreement and also increased the scope of BIDMC’s accountable care organization.

Billings (Mont.) Clinic and RegionalCare Hospital Partners, based in Brentwood, Tenn., formed a joint venture called Billings Clinic RegionalCare LLC.

Franklin, Tenn.-based Capella Healthcare is pursuing a 50-year lease agreement of countyowned OCH Regional Medical Center in Starkville, Miss.

Pompton Plains, N.J.-based Chilton Health Network signed a definitive merger agreement with Atlantic Health System, based in Morristown, N.J.

Lebanon, N.H.-based Dartmouth-Hitchcock Medical Center and New London (N.H.) Hospital submitted their affiliation agreement to the state attorney general’s office, two months after hospital officials had said they’d hoped to ink the deal and send it for regulatory review

Naperville-based, two-hospital system Edward Hospital & Health Services and Elmhurst (Ill.) Memorial Healthcare will merge into a single non-profit system.

Halifax Regional Health System based in South Boston, Va., signed a definitive agreement to merge with Norfolk, Va.-based Sentara Healthcare.

For-profit HCA Midwest Health System, a Kansas City, Mo.-based subsidiary of Hospital Corporation of America, will purchase Carondelet Health, a two-hospital system also based in Kansas City currently owned by St. Louis-based Ascension Health, by the end of the year.

Citing differences in perspective and vision for a new health system, officials at Detroit-based Henry Ford Health System and Royal Oak, Mich.-based Beaumont Health System ended their merger discussions after more than six months.

Massachusetts public health officials granted a license to Massachusetts General Hospital in Boston to acquire Northampton, Mass.-based Cooley Dickinson Hospital.

Mansfield, Ohio-based MedCentral Health System signed a letter of intent to join the Columbus- based OhioHealth network.

The board of directors of Clyde, N.C.-based MedWest voted to “explore alignment with a capital partner” for the three-hospital system, currently managed by Charlotte, N.C.-based Carolinas HealthCare System.

Resolving a feud that had been brewing bitterly between North Kansas City (Mo.) Hospital and city leaders for months, Missouri Gov. Jay Nixon signed a bill that will require a public vote in addition to city council and hospital trustees approval in order to sell the city-owned hospital.

Oak Valley Hospital in Oakdale, Calif., will not renew its 15-year affiliation with San Franciscobased Catholic system Dignity Health when the contract expires Sept. 1.

Oklahoma State University Medical Center in Tulsa and the Oklahoma City branch of Mercy, based in Chesterfield, Mo., are in talks to partner.

PinnacleHealth System, a Harrisburg, Pa.- based network with two main acute-care hospitals and a third in the works, entered into exclusive partnership negotiations with J.C. Blair Health System, based in Huntingdon, Pa.

Denville, N.J.-based Saint Clare’s Health System and its Englewood, Colo.-based, non-profit parent Catholic Health Initiatives signed an asset purchase agreement with Ontario, Calif.- based, for-profit Prime Healthcare Services.

Elgin-based Sherman Health earned the Illinois Health Facilities and Services Review Board’s approval to merge into Downers Grovebased, 10-hospital system Advocate Health Care, the state’s largest health system.

Sierra Vista (Ariz.) Regional Health Center completed a long-term operation lease agreement with Brentwood, Tenn.-based Regional- Care Hospital Partners to operate a new 100- bed regional hospital to be dubbed SVRHC’s “East Campus.”

Denver-based Sisters of Charity of Leavenworth Health System entered into negotiations to sell Saint John’s Health Center in Santa Monica, Calif., to Renton, Wash.-based Providence Health & Services, beating out several high-profile Catholic systems and a local billionaire approved by the Archdiocese of Los Angeles.

Spectrum Health, based in Grand Rapids, Mich., signed a nonbinding letter of intent to acquire Memorial Medical Center in Ludington, Mich.

Livonia, Mich.-based Trinity Health and Newtown Square, Pa.-based Catholic Health East closed their deal to create one of the country’s biggest Catholic health systems.

Chapel Hill, N.C.-based UNC Health Care System completed a merger with Caldwell Memorial Hospital based in Lenoir, N.C.

The leaders of University of Pittsburgh Medical Center and Altoona (Pa.) Regional Medical Center agreed to merge, ending two years of discussions.

Seattle-based University of Washington Medicine and Vancouver, Wash.-based Peace- Health signed a letter of intent to create a “strategic affiliation.”

In an effort to better coordinate care in Tennessee and Virginia, Nashville, Tenn.-based Vanderbilt University Medical Center and Johnson City, Tenn.-based Mountain States Health Alliance signed an affiliation agreement.

Nashville, Tenn.-based Vanguard Health Systems and Greater Waterbury (Conn.) Health Network ratified a deal that will set up a joint venture between the two systems.

Discussions died for a proposed merger between Valhalla, N.Y.-based Westchester Medical Center and New Rochelle, N.Y.-based Sound Shore Medical Center.

Windber (Pa.) Medical Center leaders issued a letter to employees announcing they were looking for a “strategic relationship” with another health system.

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