Prospect Medical Holdings is less interested in selling Springfield, Pa.-based Crozer Health, according to an Aug. 4 report from The Philadelphia Inquirer.
Transactions & Valuation Issues
Davis Health System began a clinical affiliation with WVU Medicine in 2019. The health systems are ending the partnership Aug. 8, according to The Inter-Mountain.
Meridian, Miss.-based Rush Health Systems, a seven-hospital system, has merged with New Orleans-based Ochsner Health as of Aug. 1.
Mercy Iowa City (Iowa) announced it has abandoned plans to exit its four-year affiliation with the statewide MercyOne health network to integrate into a more extensive healthcare system. According to a July 28 report from The Gazette, the only community…
Franklin, Tenn.-based Community Health Systems has sold AllianceHealth Seminole (Okla.) to SSM Health Oklahoma, according to a July 28 filing with the Securities and Exchange Commission.
The Princeton (W.Va.) Community Hospital Association approved an agreement with the West Virginia University Health System to fully integrate into the WVU Health System, according to a July 28 announcement from the city of Princeton board of directors.
Miami-based Palm Medical Centers has reached an agreement with Saurinkumar Shah, MD, to purchase the assets of Trinity Family Health Care Center, which he owns and operates in Port Richey.
Sila Realty Trust announced the acquisition of the Tampa (Fla.) General Hospital Rehabilitation Hospital for a price of $51.2 million, excluding acquisition costs, in a July 21 press release.
Orlando (Fla.) Health announced it will acquire Medical Center Radiology Group, effective Oct. 1.
The Federal Trade Commission's new majority is primed to more aggressively combat consolidation in the healthcare industry after successfully challenging four hospital mergers, according to a July 18 report from the Kaiser Family Foundation.