The Rhode Island Attorney General and state department of health have rejected an initial application requesting approval for the Centurion Foundation to purchase CharterCare Health Partners from Los Angeles-based Prospect Medical Holdings, a 16-hospital system.
Transactions & Valuation Issues
Charleston, W.Va.-based Vandalia Health is looking to continue its growth in the state with a plan to incorporate Elkins, W.Va.-based Davis Health into its system.
A number of bills in the Pennsylvania Senate, including one designed to bar for-profit hospitals, are seeing the light of day after being previously shelved, according to a May 29 report from radio station WHYY.
New house legislation in the state is likely to "impact a large portion of healthcare-related transactions within Illinois going forward," Lexology reported May 30.
BJC HealthCare, based in St. Louis, and St. Luke's Health System, based in Kansas City, Mo., have signed a non-binding letter of intent to form an integrated academic health system.
Advertisement
Orlando (Fla.) Health purchased a 0.5-acre property that includes a Walgreens for $4.1 million, the Orlando Business Journal reported May 31.
In this episode Scott Becker talks with John Meindl and Taryn Nasr, Directors in VMG Health’s Valuation & Transaction Advisory Division. The three leaders discuss the recent macro and micro trends for Healthcare PE Dealmaking and the outlook for dealmaking…
The Centurion Foundation has submitted its application to the Rhode Island Department of Health state attorney general seeking approval to buy CharterCare Health Partners from Los Angeles-based Prospect Medical Holdings.
For-profit American Healthcare Systems, based in Glendale, Calif., intends to acquire the ProMedica Coldwater (Mich.) Regional Hospital, according to a May 24 news release.
LCMC Health has secured an early win in its legal battle against the Federal Trade Commission after a federal judge in Washington, D.C., ruled that the case should be heard in a federal court in Louisiana, nola.com reported May 25.