Webster Springs, W.Va.-based Webster County Memorial Hospital and Elkins, W.Va.-based Davis Health System signed a letter of intent to discuss a possible affiliation, The Inter-Mountain reports.
Transactions & Valuation Issues
Hays (Kan.) Medical Center, part of Kansas City-based The University of Kansas Health System, became the sole owner of St. Rose Health Center in Great Bend, Kansas, July 1.
The Sitka (Alaska) Community Hospital board cancelled its letter of intent to combine operations with Juneau-based SouthEast Alaska Regional Health Consortium June 22, according to KCAW Radio.
Markus Meier, a seasoned healthcare antitrust enforcer, has replaced Tad Lipsky as acting director of the Federal Trade Commission's competition bureau.
Patrick Soon-Shiong, MD, and his company NantWorks, acquired a majority stake in Integrity Healthcare.
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The following were the most-read transactions and valuations stories during the month of June.
The following healthcare mergers, acquisitions, partnerships and general transactions took place or were announced during the month of June.
Macon, Ga.-based Navicent Health will acquire Milledgeville, Ga.-based Oconee Regional Medical Center, which filed for Chapter 11 bankruptcy in May.
Marshfield (Wis.) Clinic Health System completed its asset purchase of Saint Joseph's Hospital, also in Marshfield, July 1.
Chicago-based Midwest Orthopaedics at Rush entered into an agreement with Mishawaka, Ind.-based Franciscan Alliance June 29 to co-manage the Franciscan Health Munster (Ind.) Health Center for Joint Surgery.