Atlantic City, N.J.-based AtlantiCare, a two-hospital system, and Select Medical have forged a joint venture to own and operate a new inpatient rehabilitation hospital in Galloway Township, N.J., and 13 outpatient physical therapy facilities in southeastern New Jersey.
Transactions & Valuation Issues
Pennsylvania-based health systems Lehigh Valley Health Network and Universal Health Services have partnered to build a behavioral health hospital in the state's Hanover Township.
The long-awaited merger between Exeter (N.H.) Health Resources and Cambridge, Mass.-based Beth Israel Lahey Health is now subject to a public meeting with the New Hampshire attorney general, according to a Feb. 13 seacoastonline.com report.
Ken Powell — the former CEO of processed-food giant General Mills and chair of the University of Minnesota's board of regents — has called upon Sanford Health and Fairview Health Services to slow down their proposed merger, the Star Tribune…
Financially troubled Tower Health and Philadelphia-based Penn Medicine have decided to no longer pursue their strategic alliance, the two systems said in a Feb. 10 filing.
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The Minnesota Hospital Association is speaking out against a proposed law that would increase the state's oversight of hospital and health system mergers.
The Health Care Authority of the City of Anniston (Ala.) has signed a letter of intent for RMC Health System to become an affiliate of Birmingham, Ala.-based UAB Health System.
Providence plans to expand its network of ASCs by deepening its partnership with Tenet-affiliate United Surgical Partners International.
Health systems are looking to combine their resources through mergers and acquisitions as financial challenges plague the industry. Now, state lawmakers want a hand in the deal.
Lifepoint Health acquired a majority ownership interest in behavioral health network Springstone, closing a deal that adds 18 hospitals and 35 outpatient locations to the Lifepoint network.