Little Rock-based The University of Arkansas for Medical Sciences and Bradley County Medical Center in Warren, Ark., are planning to sign a management consulting and co-branding agreement. Five things to know: 1. The agreement was approved Sept. 24 by the…
Transactions & Valuation Issues
Farmington, Conn.-based UConn Health is taking additional time for due diligence as it works through the process of acquiring Bristol (Conn.) Hospital and Putnam, Conn.-based Day Kimball Hospital and integrating them into the UConn Health Community Network, according to a…
Greenville, S.C.-based Prisma Health has agreed to acquire 36 urgent care centers in South Carolina from Winston-Salem, N.C.-based Novant Health, expanding Prisma’s outpatient footprint across the state. The locations, formerly operating as Doctor’s Care, are expected to transition to Prisma…
North Carolina Treasurer Brad Briner is urging state and federal regulators to closely scrutinize the proposed combination of Raleigh, N.C.-based WakeMed Health & Hospitals and Charlotte, N.C.-based Atrium Health, arguing the deal could reduce competition and raise healthcare costs. The…
Sarasota (Fla.) Memorial Health Care System received approval from the Sarasota County Public Hospital Board Sept. 22 to purchase 120 acres in Manatee County for nearly $60 million. The land deal is contingent upon the system working with Manatee County…
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A growing number of health systems are continuing to push across state lines through acquisitions, affiliations and new facilities, as they seek greater scale, broader population bases and stronger regional footprints. Cross-market transactions have become an increasingly prominent growth strategy,…
The Wake County (N.C.) board of commissioners voted 5-2 on Sept. 21 to approve the proposed combination of Raleigh, N.C.-based WakeMed Health & Hospitals and Charlotte, N.C.-based Atrium Health, according to a joint news release shared with Becker’s. The proposed…
Joplin, Mo.-based Freeman Health System and Fort Scott, Kan.-based Kansas Renewal Institute have signed a nonbinding letter of intent to explore the future ownership and operation of Freeman Fort Scott Hospital. No final agreement has been reached, according to a…
Carle Health Methodist and Proctor hospitals in Peoria, Ill., will begin operating as one hospital with two campuses, effective Nov. 1. The Proctor facility will be known as Carle Health Methodist Hospital – Proctor Campus, according to a Sept. 18…
The proposal for New York City-based Maimonides Health to join NYC Health + Hospitals’ received unanimous approval from the New York State Public Health and Health Planning Council Sept. 17. Five things to know: 1. The transaction still needs approval…