Mendocino Coast District Hospital directors approved an agreement that would allow Roseville, Calif.-based Adventist Health to operate the Fort Bragg, Calif.-based hospital for the next 30 years, according to The Advocate News.
Transactions & Valuation Issues
Los Angeles-based Prospect Medical Holdings says it cannot consider a $50 million acquisition offer from Ontario, Calif.-based Prime Healthcare Services because it has already entered into another deal, according to the Journal Inquirer.
CVS Health-owned Aetna is considering selling its Coventry workers' compensation unit, three people familiar with the matter told The PE Hub Network.
Effective March 1, 2020, Baylor Scott & White Health will no longer operate a 237 licensed-bed hospital in Carrollton, Texas.
The healthcare industry saw 1,250 deals announced or completed through October of this year, according to Bloomberg Law.
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An independent monitor has been appointed to oversee Nashville, Tenn.-based HCA Healthcare's $1.5 billion acquisition of Asheville, N.C.-based Mission Health, according to the Nashville Post.
State officials approved Nov. 20 the merger of Butler (Pa.) Health System and Clarion (Pa.) Healthcare System.
Texas Health Resources, Methodist Health System and LHC Group, a home healthcare provider in Lafayette, La., together purchased an Arlington, Texas-based home health company.
Rochester, N.H.-based Frisbie Memorial Hospital is a few steps closer to joining Nashville, Tenn.-based HCA Healthcare.
Seven hospitals spread across Missouri, Kansas, Oklahoma and North Carolina will go up for auction on Dec. 19.