Officials from Kingsport, Tenn.-based Wellmont Health System and Johnson City, Tenn.-based Mountain States Health Alliance responded to the Federal Trade Commission's concerns regarding a potential merger between the two health systems, according to WJHL.com.
Transactions & Valuation Issues
Cleveland Clinic officials has partnered with Toledo, Ohio-based ProMedica Cancer Institute in an effort to provide the community with more access to care, according to NBC-24 news.
The Federal Trade Commission approved the integration proposed by St. Cloud, Minn.-based CentraCare Health and St. Cloud (Minn.) Medical Group, completing year-long discussions between the two organizations.
Chicago-based Saint Anthony Hospital declared its intent to partner with the University of Chicago Medicine for its obstetrics and pediatrics service lines.
State officials urged county executives to hire interim management to run Paramus, N.J.-based Bergen Regional Medical Center until a new contract with a hospital operator can be reached, according to NorthJersey.com.
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The respective boards of directors for New Bedford, N.H.-based Southcoast Health and Providence, R.I.-based Care New England voted to end their agreement to affiliate Oct. 17.
Alpharetta, Ga.-based Perimeter Healthcare acquired Madison, Tenn.-based WoodRidge Behavioral Care. Perimeter officials said the acquisition serves as the foundation for a new behavioral healthcare company.
The following healthcare mergers, acquisitions and general partnerships took place or were announced in the past week.
Franklin, Tenn.-based Community Health Systems has signed a definitive agreement to sell a controlling interest in CHS Home Health to Louisville, Ky.-based Almost Family, a provider of home health nursing services.
Penn State Milton S. Hershey (Pa.) Medical Center and Harrisburg, Pa.-based PinnacleHealth System have abandoned their plan to merge due to the time and cost of continuing to fight the Federal Trade Commission.