As the healthcare ecosystem becomes increasingly consolidated, small urgent care centers must prepare for new transaction opportunities.
Transactions & Valuation Issues
Hospice of Wilson (N.C.) Medical Center will transition its ownership and management to a joint venture created by Brentwood, Tenn.-based LifePoint Health and Lafayette, La.-based LHC Group, according to The Wilson Times.
Pharmacy solutions provider Comprehensive Pharmacy Services has added to its offerings with the acquisition of PharmaSource.
Global Medical REIT, a Bethesda, Md.-based company engaged in the acquisition and leasing of healthcare facilities, closed on two previously announced acquisitions totaling $74 million March 31.
Tacoma, Wash.-based MultiCare will finalize its $425 million purchase of Spokane, Wash.-based Rockwood Health System by mid-June, according to The Spokesman-Review.
Olney, Ill.-based Richland Memorial Hospital is the second hospital to integrate into Urbana, Ill.-based The Carle Foundation.
Walla Walla, Wash.-based Providence St. Mary Medical Center has entered into a transfer of membership agreement with Walla Walla (Wash.) General Hospital, according to the Tri-City Herald.
Beaumont-based Baptist Hospitals of Southeast Texas, Port Arthur-based Cancer Center of Southeast Texas and Altus Cancer Center — with locations in Beaumont and Baytown, Texas — will consolidate their specialized radiation therapy, hematology and medical oncology services to enhance regional…
St. Louis-based Ascension signed a definitive agreement to sell Marshfield, Wis.-based Saint Joseph's Hospital to Marshfield (Wis.) Clinic Health System.
The following healthcare mergers, acquisitions and general partnerships took place or were announced the week of March 27.