The state of Louisiana reached a deal with the Shreveport, La.-based Biomedical Research Foundation, which operates Louisiana State University affiliated hospitals in Shreveport and Monroe, according to The Daily Progress.
Transactions & Valuation Issues
Springfield, Mo.-based Ozarks Community Hospital will acquire Carthage (Mo.) Children's Clinic, effective Oct. 1. OCH will operate the clinic under a new name: OCH Jasper County Pediatric Clinic, according to the Moberly Monitor Index.
Glen Dale, W.Va.-based Reynolds Memorial Hospital will be the ninth hospital to join Morgantown-based West Virginia University Health System.
Officials from the Federal Trade Commission expressed their concern over the potential merger between Kingsport, Tenn.-based Wellmont Health System and Johnson City, Tenn.-based Mountain States Health Alliance at public hearing Oct. 3, according to the Herald Courier.
The University of Chicago Medicine finalized an agreement to merge with Harvey, Ill.-based Ingalls Health System. U. of C. Medicine officials said they hope the merger is just one of many in the next few years, according to the Chicago…
Advertisement
The following healthcare mergers, acquisitions and general partnerships took place or were announced in the past month.
Dallas-based Tenet Healthcare dropped Humana health insurance plans following failed contract negotiations, Humana confirmed.
Franklin, Tenn.-based Community Health Systems is adopting a "poison pill" roughly two weeks after a notable Chinese billionaire increased his holding in the for-profit hospital operator.
Knoxville, Tenn.-based TeamHealth Holdings will acquire Orlando-based Florida Emergency Physicians, the exclusive emergency medicine staffing provider for numerous hospitals within the state's health system.
In August 2015, Wyoming, Mich.-based Metro Health announced it would not close on the planned affiliation with Franklin, Tenn.-based Community Health Systems. In retrospect, Metro Health President and CEO Mike Faas said he's thankful the deal fell through, according to…