Tower Health, a six-hospital system in West Reading, Pa., is looking for a partner to buy the entire system, but the biggest health systems in Philadelphia and Pittsburgh are not interested, the Philadelphia Inquirer reports.
Transactions & Valuation Issues
Temple University Hospital, part of Philadelphia-based Temple Health, has signed an agreement to acquire a cancer hospital in Philadelphia from Cancer Treatment Centers of America.
Here are four deals involving health plans announced since March 1:
Four healthcare organizations in Philadelphia have united to save and transform the Mercy Philadelphia Hospital campus.
Behavioral healthcare provider Acadia Healthcare signed a definitive agreement to buy Adventist Health's behavioral health hospital in Vallejo, Calif.
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A bankruptcy judge approved the sale of Calais (Maine) Regional Hospital to Down East Community Hospital in Machias, Maine, March 24, according to the Bangor Daily News.
SEIU, the largest union of healthcare workers in the U.S., is urging the Georgia attorney general to reject HCA Healthcare's proposed acquisition of a rural Georgia hospital.
An Illinois review board approved March 22 the sale of Mercy Hospital & Medical Center in Chicago to nonprofit Insight Chicago, according to the Chicago Sun-Times.
Kansas City, Mo.-based Noble Health has acquired a 100-year-old Missouri hospital from St. Louis-based SSM Health.
Eight transactions involving hospitals and health systems have been announced, finalized or advanced since March 1: