Kingston-based University of Rhode Island Health Services has partnered with South County Healthy Bodies, Healthy Minds to provide services that work to achieve zero suicides in Washington County within five years.
Transactions & Valuation Issues
Three of the largest for-profit hospital operators entered into several transactions in recent months. Some of the companies are selling off facilities to strengthen their hospital portfolios, while others are exploring ways to expand their reach.
A newly formed nonprofit run by Bloomfield, N.J.-based Community Healthcare Associates completed its purchase of Salem, N.J.-based Memorial Hospital of Salem County from Community Health Systems, according NJBiz.com.
Hyannis, Mass.-based Cape Cod Hospital will join the Dana-Farber Cancer Care Collaborative to receive the latest evidence-based best practices for cancer care.
Dallas-based Baylor Scott & White Health and Houston-based Memorial Hermann Health System have decided to discontinue merger discussions roughly four months after signing a letter of intent to combine their organizations.
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Leaks happen – sometimes on purpose, but often by accident. When a healthcare business is involved in a transaction, a leak to the media can derail its communications plan or even the deal itself.
Englewood, Colo.-based Catholic Health Initiatives and San Francisco-based Dignity Health have completed a deal to combine their systems.
Nashville, Tenn.-based HCA Healthcare now owns 185 hospitals after completing its purchase of Mission Health, a six-hospital system based in Asheville, N.C.
Somerset (Pa.) Hospital will officially become UPMC Somerset Feb. 1, seven months after the potential merger was announced, according to The Tribune-Democrat.
Pipeline Health, a privately held hospital ownership and management company based in Los Angeles, has acquired Arlington-based Texas Health Resources' majority stake in 22 freestanding emergency rooms, according to The Dallas Morning News.