Penn Foundation, a behavioral health provider serving 20,000 patients a year, said it's making plans to join the St. Luke's University Health Network in Bethlehem, Pa.
Transactions & Valuation Issues
Carbondale, Ill.-based Southern Illinois Healthcare and Harrisburg (Ill.) Medical Center have signed a letter of intent to merge, according to The Southern Illinoisan.
Southfield, Mich.-based Beaumont Health will sell its ambulance business in December.
Madison, Ind.-based King's Daughters' Health and Louisville, Ky.-based Norton Healthcare signed a letter of intent Nov. 16 to explore a partnership.
The Tennessee attorney general's office has joined the Federal Trade Commission's complaint seeking to block Memphis, Tenn.-based Methodist Le Bonheur Healthcare's $350 million acquisition of two hospitals from Dallas-based Tenet Healthcare.
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Franklin, Tenn.-based Community Health Systems is seeking to end its lease of Northwest Mississippi Medical Center, a 181-bed hospital in Clarksdale, according to The Press Register.
The Federal Trade Commission filed a complaint Nov. 12 to block Memphis, Tenn.-based Methodist Le Bonheur Healthcare's $350 million acquisition of two hospitals from Tenet Healthcare Corp.
Trinitas Regional Medical Center in Elizabeth, N.J., will join West Orange, N.J.-based RWJBarnabas Health under a definitive agreement the organizations entered into Nov. 11.
Paladina Health, a Denver-based direct primary care provider, recently acquired 230 clinics and changed its name to Everside Health, according to a Nov. 10 news release.
Ten transactions involving hospitals and health systems were announced, finalized or advanced since Nov. 4: