Nashville, Tenn.-based HCA Healthcare has completed the purchase of Lehigh Acres, Fla.-based Lehigh Regional Medical Center, from Ontario, Calif.-based Prime Healthcare.
Transactions & Valuation Issues
Yale New Haven Health (Conn.) officials said that a deal to acquire three Connecticut hospitals from Los Angeles-based Prospect Medical Holdings is now "impossible."
Fort Wayne, Ind.-based Parkview Health has signed a letter of intent to affiliate with Logansport (Ind.) Memorial Hospital, expanding its network in north central Indiana.
A consultant report filed with Georgia Attorney General Chris Carr's office by Warner Robbins, Ga.-based Houston Healthcare revealed that the system could close in one to two years without proper support, WMAZ reported Feb. 14.
Minneapolis-based Fairview Health Services has declined the proposed $1 billion merger between Duluth, Minn.-based Essentia Health and Minneapolis-based University of Minnesota.
Terre Haute, Ind.-based Union Health has submitted a new Certificate of Public Advantage application to acquire Terre Haute Regional Hospital, a 278-bed facility operated by Nashville, Tenn.-based HCA Healthcare.
Warner Robbins and Perry, Ga.-based Houston Healthcare's bid to join Emory Healthcare was approved by both boards, according to a Feb. 10 news release.
Clearwater, Fla.-based BayCare, a 16-hospital system, has purchased a 36-acre office parcel by its St. Joseph's hospitals' campus in Tampa to provide room for growth.
On Feb. 1, Nashville, Tenn.-based Vanderbilt University Medical Center acquired a cardiology practice from a subsidiary of Franklin, Tenn.-based Community Health Systems.
Three new health systems have launched under new brands this year after clearing their respective regulatory hurdles and closing conditions.