The County of Santa Clara, Calif., has assumed ownership and operations of Regional Medical Center in San Jose, Calif., effective April 1. The hospital is now part of San Jose, Calif.-based Santa Clara Valley Healthcare, which operates the county’s public…
Transactions & Valuation Issues
Durham, N.C.-based Duke University Health System has completed its $284 million acquisition of Lake Norman Regional Medical Center and related businesses in Mooresville, N.C., from subsidiaries of Franklin, Tenn.-based Community Health Systems. Duke finalized the acquisition April 1. The 123-bed…
Tulepo-based North Mississippi Health Services has signed a long-term lease agreement to operate Northwest Regional Health in Winfield, Ala., effective May 1. Northwest Regional Health, a 49-bed acute care facility, will be NMHS’ second hospital in Marion County. The health…
Doylestown (Pa.) Health will officially join the University of Pennsylvania Health System on April 1, marking a significant expansion of Penn Medicine’s reach into Philadelphia’s northern suburbs. The transaction follows regulatory reviews and approvals from the Pennsylvania Attorney General’s Office…
West Reading, Pa.-based Tower Health has sold Brandywine Hospital, a 171-bed hospital, to a subsidiary of real estate developer Regal Builders, a spokesperson for the system confirmed to Becker’s. “This transaction enhances our financial position by increasing liquidity while removing…
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The University of Pennsylvania Health System in Philadelphia has denied reports that it is in negotiations to acquire Upland-based Crozer Health but it is involved in discussions to maintain access to care in the community, a spokesperson for the system…
Making Sense of the 2025 Medicare Physician Fee Schedule: Essential Changes & Strategic Impact
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The January 2025 Medicare Physician Fee Schedule (MPFS) release has landed. After spending weeks analyzing the numbers and comparing datasets, it’s clear that while some changes were expected, others might catch you by surprise. Whether running a small practice or…
The City of Tallahassee (Fla.) is evaluating a potential sale of Tallahassee Memorial Healthcare property after hospital officials proposed governance changes that would reduce municipal oversight, the Tallahassee Democrat reported March 21. TMH, a nonprofit community-based health system, anchored by…
The U.S. Federal Communications Commission Chair Brendan Carr is preparing the agency to block mergers and acquisitions for companies with diversity, equity and inclusion policies, according to Bloomberg. In a March 21 interview, Mr. Carr told companies looking for FCC…
The ongoing negotiations shaping the future of academic medicine in Minnesota are entering a pivotal phase, as Minnesota Attorney General Keith Ellison moves to play a more active role in talks between the University of Minnesota, Fairview Health Services and…