Board members from East Jefferson General Hospital voted this week to sell the financially distressed facility in Metairie, La., to New Orleans-based LCMC Health, according to NOLA.com.
Transactions & Valuation Issues
St. Louis-based Ascension has entered into a definitive agreement to sell two Wisconsin hospitals to Marshfield (Wis.) Clinic Health System.
Atlantic Health System and CentraState Healthcare System entered a clinical affiliation that will provide patients greater access to specialty care in Central New Jersey.
Private equity firms are gobbling up physician practices at an accelerated pace, according to a new study published in JAMA.
The Medical University of South Carolina in Charleston is purchasing 87 acres of land near the North Carolina border to build a hospital, according to The Post and Courier.
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CarePoint wants RWJBarnabas Health to pay at least $60 million more to buy two of its hospitals in New Jersey, according to The Jersey Journal.
University of Toledo (Ohio) is considering a sale of its hospital after the facility reported more than $12 million in operating losses through the first half of fiscal year 2020, according to The Blade.
Dallas-based Steward Health Care has signed a letter of intent to sell Easton (Pa.) Hospital to a local healthcare system, a source familiar with the agreement told The Morning Call.
In an effort to remain afloat, Henderson, Ky.-based Methodist Health will join Deaconess Health System in Evansville, Ind., on July 1.
Private equity firms KKR and GK Investment have approached NMC Health, the largest private hospital operator in the United Arab Emirates, about a buyout, according to Bloomberg.