Burgaw, N.C.-based Novant Health Pender Medical Center's operating agreement with Pender County expires in 2023, and county commissioners are exploring all options before renewing the contract, according to a Sept. 6 report from Port City Daily.
Transactions & Valuation Issues
Pure Health, an integrated healthcare platform based in the United Arab Emirates, signed an agreement to acquire a minority equity investment in a 30-hospital health system based in Nashville, Tenn.
MercyOne Health System is now a full member of Livonia, Mich.-based Trinity Health.
The Pajaro Valley (Calif.) Health Care District finalized the purchase of the Watsonville (Calif.) Community Hospital, according to an Aug. 31 report in Lookout Santa Cruz.
Claremont, N.H.-based Valley Regional Hospital is set to become part of Lebanon, N.H.-based Dartmouth Health.
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Grosse Pointe, Mich.-based Together Women's Health is entering Illinois through a partnership with Chicago-based Northwestern Specialists for Women and Wilmette, Ill.-based North Shore Associates in Gynecology and Obstetrics, according to an Aug. 30 news release.
Brentwood, Tenn.-based LifePoint Health has agreed to acquire majority interest in Louisville, Ky.-based Springstone Health Opco based on an enterprise value of $250 million.
Minneapolis-based Allina Health plans to acquire Presbyterian Homes & Services' interest in Interlude Restorative Services for the Plymouth, Minn., and Fridley, Minn., facilities, according to an Aug. 25 news release.
Bronson Healthcare and Constance Brown Hearing Centers announced the two institutions are joining forces to enhance the delivery of audiology services in Southwest Michigan, according to an Aug. 24 news release.
Watsonville (Calif.) Community Hospital could soon be under new management after enough funding was raised to support the Pajaro Valley Healthcare District Project's bid to purchase the facility, news channel KSBW reported Aug. 23.