State officials extended the deadline to submit a prospective contract to the Bergen County Improvement Authority, which owns Paramus, N.J.-based Bergen Regional Medical Center, to take over operations at the hospital until Dec. 2, according to NorthNewJersey.com.
Transactions & Valuation Issues
A recent report by Chicago-based Ponder & Co. states hospital M&A activity has decreased nearly 20 percent from the previous quarter.
Bowling Green-based Western Kentucky University filed a response to a bid protest alleging it engaged in illegal, clandestine negotiations while it was accepting bids for a news sports medicine complex at the university, according to the Bowling Green Daily News.
Aurora-based University of Colorado Health and Fort Collins, Colo.-based Associates in Family Medicine are planning to expand their current partnership to create a wider, more integrated health network for northern Colorado residents, according to BizWest.
Los Angeles-based Prospect Medical Holdings will acquire a majority of Greater Waterbury (Conn.) Health Network's assets, including Waterbury (Conn.) Hospital.
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Bismarck, N.D.-based Mid Dakota Clinic officials may move forward on the potential merger with Sioux Falls, N.D-based Sanford Health, according to the Bismarck Tribune.
Richlands, Va.-based Clinch Valley Medical Center has been named a Duke LifePoint Quality Affiliate due to the medical center's efforts to continually strive for and improve their standards of quality care, performance and patient engagement.
JFK Medical Center, an independent hospital up for sale in Edison, N.J., has several potential buyers, according to NJ Advance Media.
Northstar Location Services in Buffalo, N.Y., acquired Collection Management Solutions to grow its business outsourcing arm, reports Buffalo Business First.
Columbia, Tenn.-based Maury Regional Medical Center and Brentwood, Tenn.-based TriStar Health will embark on a $24.4 million venture to build a 60-bed behavioral health hospital in Columbia, Tenn., according to the Columbia Daily Herald.