A bankruptcy court judge has signed off on Concord (N.H.) Hospital's $30 million acquisition of LRGHealthcare, a two-hospital system based in Laconia, N.H., according to The Laconia Daily Sun.
Transactions & Valuation Issues
Two hospital systems in Washington state, CHI Franciscan and Virginia Mason Health System, have signed a definitive agreement to combine through a joint operating company that would be a subsidiary of Chicago-based CommonSpirit Health.
Memphis, Tenn.-based Methodist Le Bonheur Healthcare has decided not to pursue the $350 million purchase of two hospitals from Dallas-based Tenet Healthcare, according to the Daily Memphian.
Here are four recent contract agreements or conflicts between payers and providers:
Worcester, Mass.-based UMass Memorial Healthcare and Southbridge, Mass.-based Harrington HealthCare System filed paperwork Dec. 22 for Harrington to become part of the UMass Memorial system, according to the Worcester Business Journal.
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Three for-profit hospital operators entered into more than a dozen transactions this year.
Oscar Health is taking its first steps to officially file for an initial public offering, the insurer said Dec. 21.
An appellate court on Dec. 21 denied the Federal Trade Commission's latest attempt to block a merger between Philadelphia-based Jefferson Health and Einstein Healthcare Network.
Princeton (W.Va.) Community Hospital, a 203-bed facility, has entered into a management services agreement and clinical affiliation with West Virginia University Health System, based in Morgantown.
Irving, Texas-based Christus Health signed a letter of intent to buy Hopkins County Hospital District's stake in a joint venture for $27 million, according to KSST Radio.