State officials approved Boston Medical Center's bid to operate emergency services at Fall River, Mass.-based Dr. John C. Corrigan Mental Health Center beginning in May, according to The Herald News.
Transactions & Valuation Issues
Regional Medical Center of San Jose (Calif.) and San Jose, Calif.-based Good Samaritan Hospital, both owned by the Hospital Corporation of America, joined the rebranded Good Samaritan Health System.
Nearly a year after declaring their intent to merge, Johnson City, Tenn.-based Mountain States Health Alliance and Kingsport, Tenn.-based Wellmont Health officials said they will continue to fight for their proposed merger, according to the Bristol Herald Courier.
The following healthcare mergers, acquisitions and general partnerships took place or were announced in the past week.
The Sebastopol, Calif.-based Sonoma West Medical Center board approved a Florida-based startup's letter of intent to purchase the financially struggling medical center, according to the Sonoma West Times & News.
Massena (N.Y.) Memorial Hospital CEO Robert Wolleben said the hospital board is close to choosing an affiliate and may make a decision as early as Feb. 20, according to the Watertown Daily Times.
The Sitka (Alaska) Community Hospital board has scrapped plans for the hospital to engage in a joint venture with the Southeast Alaska Regional Health Consortium and instead discussed a possible merger between the two organizations, according to KCAW Radio.
The following were the most-viewed transactions and valuations stories published by Becker's Hospital Review for the week of Feb. 13.
Louisville, Ky.-based Humana received a one-year extension of its healthcare delivery managed care contract with the Defense Health Agency valued at an estimated $3.8 billion.
Indianapolis-based Anthem told officials with Connecticut's health insurance exchange Access Health CT it plans to offer polices on the exchange next year, according to a Hartford Courant report.