The ongoing negotiations shaping the future of academic medicine in Minnesota are entering a pivotal phase, as Minnesota Attorney General Keith Ellison moves to play a more active role in talks between the University of Minnesota, Fairview Health Services and…
Transactions & Valuation Issues
On March 1, Ontario, Calif.-based Prime Healthcare completed its acquisition of eight St. Louis-based Ascension hospitals in Illinois. The hospitals included in the acquisition were Ascension Holy Family in Des Plaines, Ascension Mercy in Aurora, Ascension Resurrection in Chicago, Ascension…
On March 1, Altamonte Springs, Fla.-based AdventHealth completed the $260 million acquisition of ShorePoint Health-Port Charlotte (Fla.) and ShorePoint Health-Punta Gorda (Fla.) from Franklin, Tenn.-based Community Health System.
The Chippewa Valley Health Cooperative, an independent nonprofit organization, has finalized a purchase agreement with Hospital Sisters Health System for the St. Joseph's Hospital building in Chippewa Falls, Wis. This follows the initial letter of intent signed between the two…
ShorePoint Health-Port Charlotte (Fla.) recently joined Altamonte Springs, Fla.-based AdventHealth, and the facility's president and CEO, Adam Johnson, told Becker's he is focused on a smooth transition as well as long-term operational and strategic priorities in the market.
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Deaconess Health System, an 18-hospital system headquartered in Evansville, Ind., has signed a definitive agrenement to acquire Jennie Stuart Health, a 194-bed acute care hospital in Hopkinsville, Ky.
The end of February into early March saw a wave of hospital transactions, signaling a shift in healthcare ownership and operations across the country.
New York City-based NYU Langone Health has completed its merger with Patchogue, N.Y.-based Long Island Community Hospital, which will now be known as NYU Langone Hospital—Suffolk.
Franklin, Tenn.-based Community Health Systems has completed the sale of ShorePoint Health-Port Charlotte (Fla.) and certain assets of ShorePoint Health-Punta Gorda (Fla.) to Altamonte Springs, Fla.-based AdventHealth, effective March 1.
Ontario, Calif.-based Prime Healthcare has completed its acquisition of eight St. Louis-based Ascension hospitals in Illinois.