Prospect Medical Holdings, a for-profit hospital operator based in Los Angeles, is planning to sell Springfield, Pa.-based Crozer Health, The Philadelphia Inquirer reported Oct. 21.
Transactions & Valuation Issues
Ascension and AdventHealth are unwinding their Amita Health partnership after working together for nearly seven years, the organizations announced Oct. 21.
Princeton (W.Va.) Community Hospital is slated to become West Virginia University Health System's 17th hospital.
LifePoint Health met with Yuma, Ariz., community members Oct. 20 as it hopes to acquire nonprofit Yuma Regional Medical Center, a move some are concerned would be bad news for the community, KYMA reported Oct. 20.
The Federal Trade Commission is facing a "tidal wave" of merger filings this year that are straining agency resources and causing hiccups for some merging entities.
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Mercy Health-Springfield (Ill.) announced a new affiliation with the Columbus-based Ohio State University Comprehensive Cancer Center, which will allow those in Clark and Champaign counties to stay close to home while receiving care from OSUCCC.
Morgantown, W.Va.-based WVU Medicine Children's Hospital is forming an affiliation with WVU Medicine Wheeling (W.Va.) Hospital and Glen Dale, W.Va.-based WVU Medicine Reynolds Memorial Hospital to enhance care in the area for children, WVNews reported Oct. 15.
East Orange (N.J.) General Hospital will be acquired by its new for-profit operating company, EOH Acquisition Group, led by hospital CEO Paige Dworak, New Jersey Business Magazine reported Oct. 15.
Eleven transactions involving hospitals and health systems have been announced, finalized or advanced since Oct. 1: