The auction for the bankrupt Mercy Iowa City hospital was postponed late Oct. 4 after a day of legal negotiations behind closed doors, according to a report from The Gazette.
Transactions & Valuation Issues
Minnesota Attorney General Keith Ellison will hold a public meeting Oct. 25 to engage local communities as part of a review to ensure two proposed mergers in the state are in compliance with both federal and state law, according to…
Milwaukee-based Froedtert Health has struck a deal to acquire Ascension Wisconsion's stake in Network Health, the health insurer jointly owned by the systems.
Here is a summary of hospital and healthcare merger and acquisition-related transactions from September:
Mercy Iowa City hospital is now under auction as a rival bid is competing with the University of Iowa health system, The Gazette reported Oct. 3.
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Columbia-based University of Missouri Health Care has expanded its strategic relationship with local hospitals belonging to Community Health Systems.
Mullica Hill, N.J.-based Inspira Health has completed the integration of Salem, N.J.-based Salem Medical Center, which has been rebranded as Inspira Medical Center Mannington.
Three Ohio facilities, including two hospitals, operated by Community Hospitals and Wellness Centers are now officially part of Fort Wayne, Ind.-based Parkview Health.
Mobile, Ala.-based University of South Alabama announced that Ascension Providence Hospital and its clinics are part of USA Health, the university's academic health system.
Yale (Conn.) New Haven Health signed a deal in November to acquire three hospitals owned by Prospect Medical. The slow regulatory approval process and a recent cyberattack that disrupted the hospitals' IT systems have Yale concerned about the viability of…