Here are statistics on the number of announced hospital mergers and acquisitions (deals) from 1998-2007, according to an American Hospital Association and Avalere analysis of data from The Health Care Acquisition Report by Irving Levin Associates.
Transactions & Valuation Issues
Houston-based St. Luke's Episcopal Health System terminated its lease with developer Medistar Corp., ending its agreement to build a physician joint-ventured hospital in Webster, Texas, according to a report in The Galveston County Daily News.
Willamette Falls Hospital in Oregon City, Ore., has agreed to merge with Providence Health and Services, a not-for-profit health system with 26 hospitals throughout Alaska, Washington, Montana, Oregon and California, according to a report by the Oregon City News.
Chesterfield, Mo.-based Sisters of Mercy Health and Denver-based Catholic Health Initiatives announced that the two health systems have signed a letter of intent to explore purchasing St. John's Regional Medical Center in Joplin, Mo., according to report from the Springfield…
The merger between Chelsea (Mich.) Community Hospital and Howell, Mich.-based Saint Joseph Mercy Health System is complete, effective May 1, according to a report in the Ann Arbor News.
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The Rhode Island Attorney General and the Rhode Island Department of Health have accepted the application of merger between Roger Williams Medical Center and St. Joseph Health Services of Rhode Island, both located in Providence, R.I., as complete, according to…
Connecticut legislators have recommended a $50 million bonding effort in order to raise funds needed for a merger between the ailing University of Connecticut Health System and Hartford Healthcare, according to a report by the Hartford Courant.
The increasing likelihood for mergers among medical insurers concerns healthcare providers who worry that the plans will have too much clout over medical care, according to a report in the Chicago Tribune.
St. Mary's Good Samaritan, a health system which includes two hospitals in Southern Illinois, is moving forward with plans to build a new 138-bed hospital, a surgery center and a medical office building in Mt. Vernon, Ill., according to a…
Prexus Health, a developer and manager of physician-owned hospitals, ambulatory surgery centers and imaging centers, has entered into an agreement with Ascension Physician Solutions, the primary management company of University General Hospital in Houston, according to a Prexus Health news…