In a recent press release VMG Health has announced Chamira Jayamanne as Managing Director of the Financial Due Diligence Division in the Dallas office.
Transactions & Valuation Issues
Miami-based Nicklaus Children's Hospital plans to divest Miami Medical Center two years after purchasing it for $88 million, according to The Miami Herald.
Franklin, Tenn.-based Community Health Systems has been busy selling, spinning-off and closing hospitals over the past four years.
The University of Alabama at Birmingham Health System and Ascension St. Vincent's are building on their long history of collaboration by entering into a new strategic alliance.
Nonprofit and for-profit hospitals and health systems announced 85 transactions in 2019, a 27 percent decline from last year, according to a new report from financial and strategic advisory firm Ponder & Co.
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The Federal Trade Commission will step up oversight and scrutiny of potential hospital mergers this year, the agency's commissioner Christine Wilson said at a conference last week, according to financial news website The Motley Fool.
The Maryland Healthcare Commission granted final approval for Cristfield, Md.-based McCready Health to join Salisbury, Md.-based Peninsula Regional Health System.
Murray (Ky.)-Calloway County Hospital and Anthem struck a contract agreement that allows Anthem members to maintain in-network status at the hospital, the organizations said Jan. 15.
Northwell Health has acquired Queens Medical Associates, a New York-based oncology practice with seven locations, according to QNS.com.
Mayo Regional Hospital received approval from the state of Maine to join Northern Light Health, a nine-hospital system in Brewer, Maine, according to The Bangor Daily News.