The New Hanover County board of commissioners is considering selling New Hanover Regional Medical Center in Wilmington, N.C., as the hospital's ability to continue operating independently becomes unclear, according to the Port City Daily.
Transactions & Valuation Issues
In a move to expand its international presence, Sioux Falls, S.D.-based Sanford Health has acquired a minority equity stake in a health system in Costa Rica.
Hospital merger and acquisition deal volume and spending was up year over year in the second quarter of 2019, but the pace of for-profit hospital divestitures is slowing, according to data from HealthCareMandA.com.
Cincinnati-based Bon Secours Mercy Health is focusing on an integration plan after completing its merger with Bon Secours Health System, Ireland's largest private healthcare provider, based in Dublin.
Gaithersburg, Md.-based Adventist HealthCare has entered into a definitive agreement to acquire Fort Washington (Md.) Medical Center.
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Centene's acquisition of WellCare Health Plans may close earlier than expected, Centene CEO Michael Neidorff said July 23 during a second quarter earnings call.
Dallas-based Tenet Healthcare has submitted a proposal to the Desert Healthcare District to purchase Desert Regional Medical Center in Palm Springs, Calif., according to The Desert Sun.
Peoria, Ill.-based OSF HealthCare and Evergreen Park, Ill.-based Little Company of Mary Hospital and Health Centers are negotiating a full merger, according to a July 17 announcement.
The total number of hospital and health systems transactions dropped to 19 in the second quarter of 2019, but the size of the mergers and acquisitions increased, according to a recent analysis by strategic and financial consulting firm Kaufman, Hall…
Care New England Health System, a three-hospital system based in Providence, R.I., announced July 16 that its board voted to withdraw from merger talks with Lifespan and Brown University, both in Providence.