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Hospital and Health System Transactions (March 2013)

Ardent Health Services, a for-profit health system based in Nashville, Tenn., and Amarillo, Texas-based Baptist Community Services fi - nalized their purchase of Baptist St. Anthony’s Health System, also in Amarillo.

St. Louis-based Ascension Health and Los Altos, Calif.-based Daughters of Charity Health System signed a formal affiliation agreement, under which Daughters of Charity’s six hospitals will operate under the largest Catholic health system in the country.

Atlanta Medical Center and South Fulton Medical Center in East Point, Ga., consolidated into one hospital on two campuses.

Audrain Medical Center in Mexico, Mo., entered into exclusive talks with St. Louis-based SSM Health Care for an alignment, which would include SSM Health Care operating and managing Audrain Medical Center.

Care New England Health System in Providence, R.I., and Memorial Hospital of Rhode Island in Pawtucket reached a definitive agreement to establish Memorial Hospital as a partner in the CNE system.

The New York State Department of Health approved the affiliation between Champlain Valley Physicians Hospital Medical Center in Plattsburgh, N.Y., Elizabethtown (N.Y.) Community Hospital and Fletcher Allen Partners in Burlington, Vt.

West Chester, Pa.-based Chester County Hospital and Health System signed a non-binding letter of intent to join the University of Pennsylvania Health System in Philadelphia.

Naperville, Ill.-based Edward Hospital & Health Services and Elmhurst (Ill.) Memorial Healthcare announced plans to merge, which would create one of the larger integrated health systems in the state.

Frederick (Md.) Regional Health System, Meritus Health in Hagerstown, Md., and Western Maryland Health System in Cumberland, Md., signed a memorandum of understanding to enter into strategic discussions for an affiliation.

A new integrated health system was finalized in Minnesota, as HealthPartners in Bloomington, Minn., and Park Nicollet Health Services in St. Louis Park, Minn., completed their merger agreement.

Henry Ford Health System in Detroit and Beaumont Health System in Royal Oak, Mich., formed a Merger Integration Task Force to lead the due diligence and integration process for the merger of the two systems.

Hillsboro (N.D.) Medical Center and Sanford Health, based in both Dakotas, finalized their merger agreement, and Hillsboro Medical Center is now known as Sanford Hillsboro Medical Center.

Holy Cross Hospital joined Sinai Health System, both of which are based in Chicago.

Integris Health announced it is the majority owner of Lakeside Women’s Hospital, both of which are based in Oklahoma City.

Ivinson Memorial Hospital in Laramie, Wyo., is an affiliated hospital of the newly formed University of Colorado Health, based in Aurora.

Jordan Health Systems in Plymouth, Mass., and Boston-based Beth Israel Deaconess Medical Center announced plans for JHSI to become part of BIDMC.

Lake Charles (La.) Memorial Hospital, along with its partner West Calcasieu Cameron Hospital in Sulphur, La., entered into a partnership with W.O. Moss Regional Medical Center in Lake Charles.

Rochester, Minn.-based Mayo Clinic announced that Billings (Mont.) Clinic has been selected to be a member of the Mayo Clinic Care Network.

Mercy Health System of Maine in Portland and Eastern Maine Healthcare Systems in Brewer signed a definitive agreement to form a strategic alignment in which Mercy and all of its units will integrate into EMHS.

A U.S. bankruptcy judge approved Bronx, N.Y.- based Montefiore Medical Center’s bid to acquire New York Westchester Square Medical Center in the Bronx.

Northeast Alabama Regional Medical Center in Anniston, Ala., and Franklin, Tenn.-based Capella Healthcare signed a definitive agreement for RMC to acquire Jacksonville (Ala.) Medical Center from Capella.

Northwest Community Hospital in Arlington Heights, Ill., confirmed that it is exploring partnership possibilities with other hospitals and health systems.

Norwalk (Conn.) Hospital and Western Connecticut Health Network in Danbury signed a final agreement to affiliate.

North Adams, Mass.-based Northern Berkshire Healthcare set their sights on an upcoming affiliation with Berkshire Health Systems in Pittsfield, Mass.

Prime Healthcare Services in Ontario, Calif., donated Huntington Beach (Calif.) Hospital to its non-profit affiliate Prime Healthcare Foundation, and in a separate transaction, Prime Healthcare Foundation obtained a controlling interest in Knapp Medical Center in Weslaco, Texas.

RegionalCare Hospital Partners, a for-profit hospital operator based in Brentwood, Tenn., and Sierra Vista (Ariz.) Regional Health Center announced the signing of a letter of intent to build a new 100-bed hospital with RegionalCare as the operator.

The Regional Health Network of Kentucky and Southern Indiana, a joint venture of Louisville, Ky.-based Norton Healthcare and Brentwood, Tenn.-based LifePoint Hospitals, finalized its acquisition of Scott Memorial Hospital in Scottsburg, Ind.

Rutherford Regional Health System in Rutherfordton, N.C., and Mission Health System in Asheville, N.C., signed a non-binding memorandum of understanding for RRHS to become a member of Mission Health.

Hartford, Conn.-based Saint Francis Care and St. Louis-based Ascension Health Care Network signed a letter of intent for a potential integration of Saint Francis into Ascension in order to build a statewide healthcare delivery system.

The boards of Shore Health System in Easton, Md., and Chester River Health in Chestertown, Md., agreed to merge their hospitals into a single entity.

Dallas-based Tenet Healthcare announced the formation of a joint venture partnership between its San Ramon (Calif.) Regional Medical Center and John Muir Health in Walnut Creek, Calif.

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