The U.S. health services industry witnessed more than 200 deals during the second quarter of 2017, according to a July 27 report by PricewaterhouseCoopers.
Transactions & Valuation Issues
Memorial Hospital of Martinsville (Va.) & Henry County, a 223-bed facility, and 250-bed Danville Regional (Va.) Medical Center will officially merge into SOVAH Health by the end of the week, according to WorkItSoVa.com.
Downers Grove, Ill.-based DuPage Medical Group acquired Glenwood Medical Corp., an obstetrics and gynecology practice in Orland Park, Ill.
Providers at Topeka, Kan.-based St. Francis Health Women's Center — part of St. Francis Health in Topeka — may gain more freedom in the types of prescription birth control they can prescribe once the health system's sale to a joint…
Boston Children's Hospital and Cleveland Clinic have partnered to offer complex pediatric heart services through Cleveland Clinic's national cardiovascular network, which contracts directly with employers.
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Cleveland Clinic and Woonsocket, R.I.-based CVS Health expanded their eight-year clinical affiliation July 25 to better coordinate patient care and services for patients in northeast Ohio and Florida, according to Drug Store News.
The Long Beach NY Beach to Bay Civic Association filed a civil rights lawsuit July 6 against the Federal Emergency Management Agency alleging the agency approved a plan that fails to restore the shuttered Long Beach (N.Y.) Medical Center, according…
Columbus-based Mount Carmel Health System and Franklin, Tenn.-based Acadia Healthcare embarked on a joint venture July 24 to develop a $26 million, 80-bed inpatient behavioral health hospital in Columbus, according to ThisWeek Community News.
Lufkin, Texas-based CHI St. Luke's Health-Memorial officials aim to pursue a management service agreement with the Trinity (Texas) Memorial Hospital District board and its outpatient clinic, according to KTRE-9.
Hospitals and health systems are constantly forming partnerships and aligning with other organizations to optimize care and reduce costs.