Kalispell, Mont.-based Logan Health, a six-hospital system, and Billings Clinic will merge Sept. 1 after receiving regulatory approval, according to an Aug. 3 news release.
Transactions & Valuation Issues
Modesto, Calif.-based American Advanced Management has written a letter of intent to operate the bankrupt Hazel Hawkins Memorial Hospital.
CooperCompanies, a global medical device company headquartered in Pleasanton, Calif., has terminated its $875 million proposed acquisition of Cook Medical Holdings' reproductive health business.
Cape Girardeau, Mo.-based SoutheastHealth has signed a definitive agreement to join St. Louis-based Mercy, a 42-hospital system.
Centennial, Colo.-based Centura Health is folding into CommonSpirit Health, with the Chicago-based system now managing 20 of its hospitals with plans to retire the Centura brand.
Advertisement
DAP Health's acquisition of bankrupt Borrego Springs, Calif.-based clinic chain Borrego has received final approvals, and the two will now operate as one integrated system.
Winston Salem, N.C.-based Novant Health is set to become a 30 percent owner of Conway (S.C.) Medical Center after the two systems said August 1 they will pursue a strategic partnership.
Evansville, Ind.-based Deaconess Health, a 20-hospital system, entered into an affiliation agreement July 26 to acquire the Memorial Hospital and Health Care Center based in Jasper, Ind.
The Federal Trade Commission's proposed merger guidelines could complicate Pittsburgh-based UPMC's merger with Washington (Pa.) Health System, the Pittsburgh Post-Gazette reported July 28.
Marietta, Ga.-based Wellstar Health System has received approval from the Georgia Office of the Attorney General to take over Augusta (Ga.) University Health, Atlanta Business Chronicle reported July 28.