The Rhode Island Department of Health Health Services Council unanimously approved Ontario, Calif.-based Prime Healthcare Services' proposal to convert Woonsocket, R.I.-based Landmark Medical Center and North Smithfield-based Rehabilitation Hospital of Rhode Island into nonprofit entities Tuesday, according to Rhode Island…
Mergers and acquisitions (M&A) are like marriages in that two entities become one. And just like a newly married couple, the hope is to share one house and one set of values.
A bankruptcy judge approved the $11.5 million sale of Eden, N.C.-based Morehead Memorial hospital to Chapel Hill, N.C.-based UNC Health Care Monday, according to the Triad Business Journal.
Chapel Hill, N.C.-based UNC Health Care raised its bid to purchase Eden, N.C.-based Morehead Memorial Hospital to $11.5 million during a bankruptcy court hearing Monday, surpassing the previous highest bid by roughly $500,000, the News & Record reports.
The following healthcare mergers, acquisitions, partnerships and general transactions took place or were announced during the past week.
Memphis, Tenn.-based Baptist Memorial Health Care and Tupelo-based North Mississippi Health Services are reportedly open to affiliating with Starkville, Miss.-based OCH Regional Medical Center after residents voted Nov. 7 to nix a proposal to potentially sell the hospital, according to…
Medina, N.Y.-based Orleans Community Health ended its three-year affiliation with Buffalo, N.Y.-based Catholic Health Oct. 12, Catholic Health officials said in an emailed press release.
Fort Myers, Fla.-based Lee Health is in talks to become the sole healthcare provider for Babcock Ranch, a 17,000-acre community under development in southwest Florida, according to the News-Press.
The following were among the most-viewed transactions and valuations stories published by Becker's Hospital Review the week of Nov. 10.
Louisville-based KentuckyOne Health's sale process to divest several of its facilities will reportedly continue through June 2018, according to Englewood, Colo.-based Catholic Health Initiatives' recent quarterly report, released Tuesday.
