Chambersburg, Pa.-based Summit Health acquired Franklin Family Practice, a two-physician practice also in Chambersburg.
Transactions & Valuation Issues
The WVU Heart and Vascular Institute, part of Morgantown-based WVU Medicine, partnered with Connellsville, Pa.-based Highlands Hospital to open a clinic to provide area residents with high quality heart and vascular care.
SG Property Services, a property management firm, finalized its purchase of WellStar Medical Group Douglasville (Ga.) Medical Center and Prestley Mill Medical Center, also in Douglasville, for $7.5 million.
Boca Raton (Fla.) Regional Hospital officials are seeking a strategic partner with the possibility of entering into an acquisition or merger, according to a South Florida Business Journal report.
The Global Center for Health Security at the University of Nebraska Medical Center in Omaha partnered with NYC Health + Hospitals and Atlanta-based Emory University to develop and conduct emergency medical trials for infectious diseases, according to Homeland Preparedness News.
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Marshfield (Wis.) Clinic entered exclusive negotiations to purchase Rusk County Memorial Hospital, a 25-bed critical access hospital in Ladysmith, Wis., according to The Chippewa Herald.
The following healthcare mergers, acquisitions and general partnerships took place or were announced the week of June 12.
Indian River Medical Center, a 332-bed nonprofit hospital in Vero Beach, Fla., is looking to affiliate with a nonprofit partner to help the financially struggling hospital stay afloat, according to a TCPalm report.
Orlando-based Florida Hospital — part of Altamonte Springs, Fla.-based Adventist Health System — and Deerfield, Ill.-based Walgreens opened 15 retail healthcare clinics across Tampa Bay, Fla., Thursday, according to Drug Store News.
Brentwood, Tenn.-based RCCH HealthCare Partners — parent company of Florence, Ala.-based Eliza Coffee Memorial Hospital — and the University of Alabama at Birmingham Health System partnered to construct a comprehensive cancer treatment center, according to the Times Daily.