Wall Street Journal Notes Abundance of Hospital Transactions

A Wall Street Journal report notes the abundance of recent hospital transactions.

Advertisement

The transactions mentioned include:

– RegionalCare in Brentwood, Tenn., signed a letter of intent to buy Landmark Medical Center in Woonsocket, R.I.

– RegionalCare made an unsolicited offer to operate Cheyenne (Wyo.) Regional Medical Center.

– Saint Mary’s Hospital in Waterbury, Conn., entered a joint venture with LHP Hospital Group.

– Iasis Healthcare bought a 78.2 percent stake in St. Joseph Medical Center in Houston.

– Cerberus’ Steward Health Care System made a $1.1 billion offer to buy Jackson Health System in Miami.

RegionalCare’s offer to Cheyenne Regional Medical Center and Steward’s offer to Jackson Health System were unsolicited.

Read the Wall Street Journal report on hospital transactions.

Read more coverage on hospital transactions:

– FTC Receives Preliminary Injunction Against St. Luke’s Merger With ProMedica

– Pennsylvania’s Mercy Health Partners’ Sale to CHS Approved

– 6 Observations on Investment, Mergers and Acquisitions in Healthcare

Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit

Advertisement

Next Up in Transactions & Valuation Issues

Advertisement

Comments are closed.