Kansas City-based The University of Kansas Hospital signed a letter of intent to partner with Hays (Kan.) Medical Center to enhance patient care, especially in rural areas.
Transactions & Valuation Issues
Advanced Dermatology and Cosmetic Surgery has added two dermatology clinics owned by Robert M. Stiegel, MD, and Louis H. Martone, MD, in Beaver, Pa., and Pittsburgh, respectively.
Bad Homburg, Germany-based Fresenius SE, Europe's largest publicly traded healthcare provider, has purchased Spain's largest private hospital operator, IDC Salud Holding, for $6.42 billion, reports Bloomberg.
The following healthcare mergers, acquisitions and general partnerships took place or were announced in the past week.
Yan Moshe, owner and CEO of Hackensack, N.J.-based Excel Surgery Center, has offered to purchase 204-bed Meadowlands Hospital Medical Center in Secaucus, N.J., for $12.2 million, according to The Record.
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Mississippi Baptist Health Systems in Jackson and Baptist Memorial Health Care in Memphis, Tenn., are exploring a possible collaboration.
State officials approved the sale of Westerly (R.I.) Hospital to Yale-New Haven (Conn.) Health Services, the parent company of Yale University's Schools of Medicine and Nursing, according to the Providence Journal.
Tacoma, Wash.-based CHI Franciscan Health and Silverdale, Wash.-based The Doctor's Clinic plan to affiliate to enhance patient access and efficiency for Washington state residents, according to the North Kitsap Herald.
Springdale, Ark.-based Northwest Health System acquired Siloam Springs (Ark.) Regional Hospital. Going forward, Siloam Springs will be called Northwest Hospital, according to Arkansas Business.
The Massachusetts public health council approved the merger of two hospitals that are part of the Springfield, Mass.-based Baystate Health network, according to WWLP.