Ontario, Calif.-based Prime Healthcare announced Aug. 14 that it has completed the acquisition of St. Francis Medical Center, a 384-bed hospital in Lynwood, Calif.
Transactions & Valuation Issues
The Natrona (Wyo.) County Commissioners voted to approve the sale of Wyoming Medical Center in Casper to Phoenix-based Banner Health in a deal worth more than $200 million.
Despite objections for California attorney general and a last-minute attempt from an opposing bidder to block the sale, El Segundo, Calif.-based Verity Health System won bankruptcy court approval to sell a 384-bed hospital in Lynwood, Calif., to Prime Healthcare Services,…
St. Luke's Hospital in Maumee, Ohio, will become the 15th hospital in McLaren Health Care's system on Oct. 1.
Hudson Regional Hospital in Secaucus, N.J., has closed on a deal to buy the land under CarePoint Health's Bayonne (N.J.) Medical Center, a move that will likely prolong the uncertainty of a sale between CarePoint and another prospective buyer, according…
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Sentara Healthcare and Cone Health plan to merge in a deal that would create a 17-hospital system with more than 2,400 physicians and advanced practice clinicians.
Two health systems called off a $6.1 billion merger deal in late May that would have created a 12-hospital network. That failed transaction represents one of several hospitals mergers that, at some point in their lifetime, were called off in…
Franklin, Tenn.-based Community Health Systems' sale of a 171-bed hospital in San Angelo, Texas, has been delayed, according to San Angelo Live.
The U.S. Justice Department sued to block Danville, Pa-based Geisinger's partial acquisition of a 132-bed hospital in Lewisburg, Pa.
The Petaluma Health Care District board approved a letter of intent to sell Petaluma (Calif.) Valley Hospital to an affiliate of Renton, Wash.-based Providence St. Joseph Health, according to local newspaper Petaluma360.