Baltimore-based University of Maryland Medical System has acquired nine ChoiceOne Urgent Care sites.
Transactions & Valuation Issues
Walker County Hospital Corp., which operates Huntsville (Texas) Memorial Hospital, created a new company with Community Hospital Corp. that will own and operate the financially struggling Huntsville Memorial, according to The Huntsville Item.
St. Alexius Hospital in St. Louis, which filed for Chapter 11 bankruptcy before the start of 2020, is looking into selling some of its assets to pay down debts, real estate sources told the St. Louis Business Journal.
Six transactions involving hospitals and health systems that were announced, finalized or advanced since Feb. 4:
Ohio State University's Wexner Medical Center plans to buy a 2.5-acre site in Columbus, Ohio, to support an expansion, according to The Columbus Business Journal.
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The Federal Trade Commission will sue to block the merger of Philadelphia-based Jefferson Health and Einstein Healthcare Network, a deal that has been pending since 2018.
Three local independent healthcare practices have partnered to buy Mishawaka, Ind.-based Unity Medical and Surgical Hospital, according to Inside Indiana Business.
Marietta, Ga.-based WellStar Health System is considering a variety of options to help revive Atlanta Medical Center, including finding a partner or selling the safety-net facility, according to Georgia Health News.
An independent monitor hired to oversee Nashville, Tenn.-based HCA Healthcare's compliance with obligations stemming from its acquisition of Mission Health has responded after patients, staff and elected officials raised concerns about the takeover during a series of meetings across Western…
Wheeling (W.Va.) Hospital has called off a deal to acquire Sistersville (W.Va.) General Hospital, according to The Parkersburg News and Sentinel.