Longview, Texas-based Good Shepherd Health System will merge with Irving, Texas-based Christus Health, effective early next year.
Transactions & Valuation Issues
Grinnell (Iowa) Regional Medical Center will sign a letter of intent to partner with UnityPoint Health – Des Moines and University of Iowa Health Care in Iowa City.
The following healthcare mergers, acquisitions and general partnerships took place or were announced in the past week.
The increase in merger and aquisition activity and subsequent competition that has resulted within the industry has undoubtedly changed the way in which hospital and health system executives evaluate potential transactions, leading to an increasing number of interesting affiliations.
As part of Kindred Healthcare's plan to exit the skilled nursing facility business, the Louisville, Ky.-based company has inked agreements to purchase the 36 SNFs it currently leases from Ventas, a Chicago-based real estate investment trust.
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The following were the most-viewed transactions and valuations stories this week.
Industry analysts and investment bankers speculate that President-elect Donald Trump's attitudes toward the pharmaceutical industry may spur deal making, which has seen a decline since political rhetoric against high drug prices began at the start of the election season, according…
New Orleans-based Ochsner Health System and McComb, Miss.-based Southwest Health System declared their intent to form a strategic partnership to provide specialized, innovative care to residents in the region.
CHI St. Luke's Health-Memorial has signed a non-binding letter of intent to take over ownership of Altus Emergency Center in Lufkin, Texas, according to a news release.
After much speculation regarding Edison, N.J.-based JFK Medical Center's decision to partner with another facility, hospital officials signed a letter of intent with Hackensack (N.J.) Meridian Health to discuss a potential affiliation.