Einstein Healthcare Network was valued at $599 million in a proposed acquisition by Jefferson Health, according to a newly unsealed document cited by The Philadelphia Inquirer.
Transactions & Valuation Issues
Wauwatosa, Wis.-based Froedtert Health plans to buy a minority stake in Manitowoc, Wis.-based Holy Family Memorial Medical Center.
Maimonides Medical Center and New York Community Hospital, both in Brooklyn, plan to expand their clinical partnership into a full merger.
The American Hospital Association is blasting the Federal Trade Commission's challenge of the merger of Jefferson Health and Einstein Healthcare Network, according to the Philadelphia Business Journal.
The physician groups of Tampa (Fla.) General Hospital and Tampa-based USF Health Morsani College of Medicine plan to combine.
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The size of the average healthcare private equity deal rose 25 percent, to $78.9 billion, in 2019, according to Bain and Company's ninth Global Healthcare Private Equity and Corporate M&A Report.
Hudson County officials joined together March 9 to call out the owner of nursing home chain Alaris Health for blocking the sale of CarePoint Health's hospitals to potential buyers, according to NJ Biz.
Richmond, Va.-based VCU Health System will purchase the 67-bed Riverside Tappahannock (Va.) Hospital and its related medical services from Newport News, Va.-based Riverside Health System.
Huntington Hospital in Pasadena, Calif., has signed a letter of intent to join Los Angeles-based Cedars-Sinai Health System.
Cumberland, Md.-based UPMC Western Maryland has sold its nursing and rehabilitation center and plans to reopen an urgent care clinic in the next 60 days, two local news organizations reported.