Eleven transactions involving hospitals and health systems announced, finalized or advanced since Sept. 1:
Transactions & Valuation Issues
The 223-bed Wheeling (W.Va.) Hospital signed a letter of intent this week to join Morgantown-based West Virginia University Health System.
The Federal Trade Commission's legal challenge to block the proposed merger of Einstein Healthcare Network and Jefferson Health heads to court Sept. 14.
Palos Health, a system with 3,000 employees in Palos Heights, Ill., has signed a letter of intent to join Chicago-based Northwestern Medicine. The deal was announced Sept. 11.
Two New Jersey health systems — Saint Peter's Healthcare System and RWJBarnabas Health — have signed a definitive agreement to merge.
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Delano (Calif.) Regional Medical Center has a new name, officially signifying it is part of the Adventist Health network, according to local news station KGET.
Franklin, Tenn.-based Community Health Systems ended services at Shands Regional Medical Center in Lake City, Fla., on Aug. 31, and two healthcare organizations are now competing to take over the facility, according to TV station WCJB.
Two Providence, R.I.-based health systems — Lifespan and Care New England Health System — have signed a letter of intent to combine into one nonprofit organization with Brown University.
Negotiations for a new contract between MarinHealth Medical Center in Kentfield, Calif., and Anthem Blue Cross have stalled ahead of a Sept. 15 deadline, according to the Marin Independent Journal.
Lubbock, Texas-based Covenant Health plans to acquire a 99-bed hospital in New Mexico, according to a Sept. 8 company announcement.