The following healthcare mergers, acquisitions and general partnerships took place or were announced in the past week.
Transactions & Valuation Issues
The behavioral health industry is undergoing a wave of consolidation with the emergence of multi-location chains and growth of for-profit operators.
Using recently expanded InTouch Telehealth Medical Devices, Network and Services, announcement marks milestone for both organizations in increasing access across the complete care continuum.
Harrisburg, Pa.-based PinnacleHealth officials said the health system has signed a nonbinding letter of intent to pursue a strategic partnership with Hanover (Pa.) HealthCare Plus, the parent organization of Hanover (Pa.) Hospital.
Google recently published an eBook about how they manage their worldwide server operations.1
The following were among the most-viewed transactions and valuations stories published by Becker's Hospital Review the week of March 20.
Penn State Milton S. Hershey (Pa.) Medical Center CEO Craig Hillemeier, MD, said the medical center is actively pursuing plans to "expand inpatient and outpatient access to care," according to Lancaster Online.
A bankruptcy judge has signed off on a deal allowing North Philadelphia Health System, which filed for Chapter 11 bankruptcy Dec. 30, to sell St. Joseph's Hospital in Philadelphia, which closed last March, according to The Philadelphia Inquirer.
In a recent press release, BSA LifeStructures was awarded Mission Hospital's transition planning.
Enhancing care transitions requires involvement from all members of the care team. From the provider to the patient, practical approaches to advancing communication and data are key for improving outcomes and quality of care.