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Hospital and Health System Transactions (June 2011)

Healthcare and Wendover, Ky.-based Frontier Nursing Service entered into a letter of intent for ARH to acquire Mary Breckinridge Hospital in Hyden, Ky., and all related healthcare services.

St. Louis-based Ascension Health signed a letter of intent to acquire Arlington Heights, Ill.- based Alexian Brothers Health System, a twohospital system.

Baylor Health Care System and Select Medical Corporation officially launched a joint venture consisting of a partnership between Baylor Institute for Rehabilitation and Select Physical Therapy Texas.

San Francisco-based Catholic Healthcare West and Phoenix Children’s Hospital signed a definitive agreement under which Phoenix Children’s will receive pediatric cases from CHW’s St. Joseph’s Hospital and Medical Center.

Englewood, Colo.-based Centura Health and Heart of the Rockies Regional Medical Center in Salida, Colo., signed an affiliation and services agreement. Through the partnership, Centura Health and HRRMC will develop shared programs for cardiology, stroke, spine and trauma.

Erlanger Health System in Chattanooga, Tenn., agreed to partner with Fort Oglethorpe, Ga.-based Hutcheson Medical Center.

Nashville, Tenn.-based HCA is planning to merge the hospital license for its newly acquired Mercy Hospital in Miami into Plantation

(Fla.) General Hospital. Under the license merger, all agreements for reimbursement with the federal government under the Mercy Hospital license would terminate and Mercy Hospital would be renamed Mercy Hospital, a campus of Plantation General Hospital.

Naples, Fla.-based Health Management Associates entered into a joint venture partnership with the current physician owners of Tri-Lakes Medical Center in Batesville, Miss.

New York City-based Healthcare Management Partners will sign agreements to manage South Carolina’s Allendale County Hospital in Fairfax, Barnwell County Hospital and Bamberg County Hospital.

Stockbridge, Ga.-based Henry Medical Center chose to partner with Piedmont Healthcare in Atlanta. The final agreement will need to be approved by the Georgia Attorney General’s office.

Stillwater, Minn.-based Lakeview Health and Bloomington, Minn.-based HealthPartners have completed a formal affiliation, bringing Lakeview Health into the HealthPartners system.

Massachusetts’ Public Health Council approved the transfer of licenses for Merrimack Valley Hospital in Haverhill, Mass., and Nashoba Valley Medical Center in Ayer, Mass., to Boston- based Steward Health Care System.

Milton (Mass.) Hospital and Beth Israel Deaconess Medical Center in Boston have announced plans to merge in six months. The 631- bed BIDMC will oversee 80-bed Milton’s operations and finances, but Milton will keep control of strategic planning and its own board of trustees.

Norristown, Pa.-based Montgomery Healthcare System has officially become part of Philadelphiabased Albert Einstein Healthcare Network.

Owensboro (Ky.) Medical Health System and Kosair Children’s Hospital in Louisville, Ky., opened Kosair Children’s Outpatient Center - Owensboro, as part of an affiliation for pediatric care. Pediatric specialists from University of Louisville (Ky.) Pediatrics and Norton Healthcare, the Louisville, Ky.-based parent company of Kosair Children’s Hospital, will staff the center.

The merger between RMH Healthcare in Harrisonburg, Va., and Norfolk, Va.-based Sentara Healthcare has been finalized.

Saints Medical Center in Lowell, Mass., signed a letter of intent to become part of Bostonbased Steward Health Care System.

The Sierra Kings Healthcare District board of directors unanimously approved a letter of intent confirming an agreement between Sierra Kings District Hospital in Reedley, Calif., and Hanford, Calif.-based Adventist Health Central Valley Network.

Phillipsburg, N.J.-based Warren Healthcare plans to join Bethlehem, Pa.-based St. Luke’s Hospital and Health Network.

County-owned, 25-bed White County Memorial Hospital in Monticello, Ind., merged with Indianapolis-based Indiana University Health.

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