The Rural Hospital Group, a company that specializes in helping financially strapped hospitals, has made a bid to buy Hillsboro (Kan.) Community Hospital out of bankruptcy, according to local news website KCUR.
Transactions & Valuation Issues
Minneapolis-based Fairview Health Services, University of Minnesota and University of Minnesota Physicians have launched their new brand: M Health Fairview.
El Segundo, Calif.-based Verity Health, which entered Chapter 11 bankruptcy in August 2018, filed a motion requesting the bankruptcy court enforce the sale order related to its four hospitals.
Marathon Health, a company helping employers set up workplace health centers, has formeda strategic partnership with private equity firm General Atlantic to grow its footprint.
The University of Louisville (Ky.) will pick up the remaining ownership and real estate interest in a cardiovascular institute it owns with a Jewish Hospital partner, according to The Lane Report.
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Franklin, Tenn.-based Community Health Systems became the largest for-profit hospital operator in the nation in 2014 when it acquired Naples, Fla.-based Health Management Associates. Now, the company is selling off hospitals to pay down its debt.
Lebanon, N.H.-based Dartmouth-Hitchcock Health and Manchester, N.H.-based GraniteOne Health have signed an agreement to combine the two health systems.
West Virginia University Health System, a nine-hospital system in Morgantown, will launch a Medicare Advantage product with a health plan it's in the process of acquiring, according to The Intelligencer.
A UnitedHealth Group subsidiary bought a Medicare Advantage plan in Virginia for an undisclosed amount, according to The News and Advance.
In recent years, Atlanta-based Piedmont Healthcare has been on an accelerated path toward growth.