After initially integrating under the umbrella organization Upper Allegheny Health System, Olean (N.Y.) General Hospital and Bradford (Pa.) Regional Medical Center submitted a certificate of need application to officials in New York and Pennsylvania to formally merge.
Transactions & Valuation Issues
Florida officials approved a joint certificate of need application from Franklin, Tenn.-based Acadia Healthcare and the University of Miami in Coral Gables, Fla., to build a $48.2 million psychiatric hospital, according to the South Florida Business Journal.
Deerfield, Ill.-based Walgreens and other Chicago-based healthcare providers are partnering with Susan G. Komen Chicago to reduce U.S. breast cancer deaths by 50 percent by 2026.
The Service Employee International Union Healthcare Pennsylvania, which represents employees at three hospitals involved in West Reading, Pa.-based Reading Health System's five-hospital acquisition, said its members look forward to "building a collaborative relationship" with the health system, according to the…
Chicago-based Northwestern Medicine will likely finalize its partnership agreement with Crystal Lake, Ill.-based Centegra Health System by the end of the year, according to the Northwest Herald.
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The following healthcare mergers, acquisitions and general partnerships took place or were announced the week of May 29.
Hackensack Meridian Health Hackensack (N.J.) University Medical Center, a 775-bed nonprofit teaching hospital, and the U.S. Army Reserve created a program to provide service members specialty medical training.
State officials approved the operation and construction of a $45 million behavioral health hospital in Tacoma, Wash. The hospital is the result of a joint venture created by CHI Franciscan Health and MultiCare Health System, both in Tacoma, according to…
Officials from Danbury-based Western Connecticut Health bulldozed rumors the health system was in talks to partner with New Hyde Park, N.Y.-based Northwell Health, according to The Hour.
The following were among the most-viewed transactions and valuations stories published by Becker's Hospital Review the week of May 29.