Quorum Health Corp., the 38-hospital spin-off of Franklin, Tenn.-based Community Health Systems, has signed a definitive agreement to sell Barrow Regional Medical Center in Winder, Ga., to Northeast Georgia Health System in Gainesville.
Transactions & Valuation Issues
Louisville, Ky.-based Baptist Health has acquired Floyd Memorial Hospital in New Albany, Ind., which has been renamed Baptist Health Floyd.
A possible partnership is in the works between Salinas (Calif.) Valley Memorial Healthcare System and Montage Health, the nonprofit organization that operates Community Hospital of the Monterey (Calif.) Peninsula, reports The Californian.
After a seven-year effort to increase patient volumes, Winston-Salem, N.C.-based Novant Health closed Franklin Medical Center in Louisburg, N.C., last October. However, the hospital may reopen, as three healthcare organizations have submitted proposals to take over the facility, according to…
Worcester-based UMass Memorial Health Care officials said they hope to close the merger between its Leominister and Clinton campuses within the next six months, according to Boston Business Journal.
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A bankruptcy court judge approved the sale of Coshocton (Ohio) County Memorial Hospital to Ontario, Calif.-based Prime Healthcare, according to the Coshocton Tribune.
Pensacola, Fla.-based Sacred Heart Hospital is changing its pediatric specialty care partnership, ending a nearly 20-year partnership with Nemours Children's Specialty Care, according to a report from ABC News.
Franklin, Tenn.-based Community Health Systems signed a definitive agreement to sell three hospitals in Mississippi and one hospital in Florida to Clinton, Tenn.-based Curae Health.
The board of directors for New York City-based NYU Langone Medical Center and Mineola, N.Y.-based Winthrop-University Hospital signed an affiliation agreement to clinically integrate their health networks.
The Mayo Clinic Care Network, created by the Rochester, Minn.-based Mayo Clinic, signed a formal agreement adding Lakeland (Fla.) Regional Health to the more than 40-member network.