Charlotte, N.C.-based Atrium Health committed to spending $3.1 billion to enter into a long-term lease and make improvements to New Hanover Regional Medical Center in Wilmington, N.C.
Transactions & Valuation Issues
Novant Health presented its proposal June 10 to partner with New Hanover Regional Medical Center, a county-owned hospital in Wilmington, N.C. The Winston-Salem, N.C.-based health system is one of three organizations interested in securing the deal.
Toledo, Ohio-based ProMedica has made a bid to assume the day-to-day operations of University of Toledo Medical Center.
Duke Health presented its proposal on June 9 to purchase New Hanover Regional Medical Center in Wilmington, N.C. The Durham, N.C.-based system is one of three organizations trying to secure the deal.
Detroit-based Henry Ford Health System and East Lansing-based Michigan State University have signed a letter of intent to establish a primary affiliation that will include expanding medical education opportunities, sharing research and building a joint research institute.
Advertisement
Altamonte Springs, Fla.-based AdventHealth has purchased 22 acres of land in South Hillsborough County for a new hospital and medical offices, according to the Tampa Bay Business Journal.
Toledo, Ohio-based ProMedica's plan to sell Coldwater (Mich.) Regional Hospital has ended due to the COVID-19 pandemic, according to The Daily Reporter.
Ohio officials are urging the governor to halt the potential sale of University of Toledo (Ohio) Medical Center and stop the transfer of its orthopedic services to ProMedica, according to The Toledo Blade.
Two Providence, R.I.-based systems — Lifespan and Care New England Health System — have resumed partnership talks, arguing a unified system could benefit the community, according to The Providence Journal.
Bethlehem, Pa.-based St. Luke's University Health Network will acquire Easton (Pa.) Hospital from Dallas-based Steward Health Care. The acquisition will keep the 125-year-old hospital open.