A joint venture between Brentwood, Tenn.-based LifePoint Health and LHC Group, a home healthcare provider in Lafayette, La., is expanding to three more states, the two organizations announced Nov. 5.
Transactions & Valuation Issues
Charlotte, N.C.-based Atrium Health has signed an agreement with Wake Forest Baptist Health and Wake Forest University, both in Winston-Salem, N.C., to create a "unique and transformative academic healthcare system."
Medical Properties Trust, a real estate investment firm, will purchase the real estate assets of 10 acute care hospitals from Brentwood, Tenn.-based LifePoint Health for $700 million.
Louisville, Ky.-based Baptist Health can now proceed with its plan to buy Hardin Memorial Health in Elizabethtown, Ky., after a physician opposed to the deal agreed to drop a lawsuit, according to local news station WDRB.
The California Department of Justice denied a proposed merger between nonprofits Adventist Health System/West and St. Joseph Health System Oct. 31, stating it's not in the public's interest.
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In an effort to have greater financial stability, Mercy Hospital in Moose Lake, Minn., will join Duluth, Minn.-based Essentia Health.
Record amounts of hospital construction projects have occurred during the past decade and will continue.
King of Prussia, Pa.-based Universal Health Services, in partnership with Westchester, Ill.-based Regent Surgical Health, will build out a network of ambulatory surgery centers across the U.S.
Franklin, Tenn.-based Community Health Systems has entered into a definitive agreement to sell three Virginia hospitals to Cincinnati-based Bon Secours Mercy Health.
In six markets in the U.S., insurers’ cost control efforts have been hindered due to hospital and physician consolidation, according to a new study from Georgetown University's Center on Health Insurance Reform.