Palmetto Health, based in Columbia, S.C., and Greenville (S.C.) Hospital System University Medical Center (GHS) have announced that the organizations will jointly own and operate Palmetto Health Baptist Easley hospital, according to a news release from GHS.
Transactions & Valuation Issues
Southern Ocean County Health System in Stafford, N.J., and Neptune, N.J.-based Meridian Health are discussing a possible merger as they face declining revenue and the current challenging economic climate, according to the Asbury Park Press.
Exempla Healthcare System in Denver and the Sisters of Charity of Leavenworth Health System, based in Lenexa, Kan., are heading to arbitration over Sisters of Charity's attempt to become the sole owner of several Exempla hospitals last year, according to…
While most business sectors have seen a slowdown in merger and acquisition activity during the current financial and credit crisis, the hospital sector continues to see a significant level of activity. The driving forces for this activity have changed and…
Community Health Systems (CHS) and Texas Health Resources are in the process of settling a lawsuit concerning Triad Denton (Texas) Hospital, according to a press release from CHS.
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William B. Kessler Memorial Hospital in Hammonton, N.J., has failed to raise $5 million in community contributions, money the hospital would have used to revitalize the facility, so the organization is seeking a partnership that will allow it to remain…
Decisions by the North Carolina Division of Health Service Regulation has increased preexisting competition between two healthcare systems in the state, according to the Winston-Salem Journal.
Florida Hospital Orlando has spent $4 million on renovations to its maternity unit, nurse stations, hallways and suites, according to the Orlando Business Journal.
Two American ambulatory surgery center (ASC) firms are partnering with a Bahrain-based healthcare organization to build ASCs and surgical hospitals in the Middle East.
Henderson (Texas) Memorial Hospital will likely announce its affiliation with a larger health system in within the next several weeks, according to a story from the Tyler Morning Telegraph.