Grand Rapids, Mich.-based Spectrum Health is the newest system to join Affirmant Health Partners, a clinically integrated network formally known as The Federation Care Network based in Michigan, according to MiBiz.com.
Transactions & Valuation Issues
St. Louis-based Ascension Health will sell hospitals in Idaho and Washington state to Brentwood, Tenn.-based RCCH HealthCare Partners, the company created through the merger of Brentwood, Tenn.-based RegionalCare and Capella Healthcare, also in Brentwood, in May.
The Coalition of Asian-American Independent Practices Association in New York City and Brooklyn, N.Y.-based Maimonides Medical Center signed a partnership agreement focused on better serving patients.
Negotiations between state legislators and Shreveport, La.-based Biomedical Research Foundation of Northwest Louisiana resumed after the state issued a notice to terminate BRF's contract to manage two safety-net hospitals in Shreveport and Monroe, La., according to the News Star.
The Decatur County commission approved the proposed partnership between Parsons, Tenn.-based Decatur County General Hospital and Springfield, Tenn.-based NorthCrest Medical Center, according to the Jackson Sun.
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St. Louis-based Monsanto and Leverkusen, Germany-based Bayer AG have signed an agreement to merge the agricultural sectors of each business.
Sitka (Alaska) Community Hospital officials is considering combining operations with Juneau-based Southeast Alaska Regional Health Consortium, according to Kcaw.org.
Steward Health Care System has secured $1.25 billion from real estate investment firm Medical Properties Trust that will allow the Boston-based system to expand nationally and pay off debt.
Ann Arbor-based University of Michigan Health System will partner with select Meijer pharmacies in the Ann Arbor area to provide hypertension management services for adult patients.
Marshfield (Wis.) Clinic Health System's decision to build a new hospital and attached cancer wing just down the road from Eau Claire, Wis.-based Sacred Heart Hospital has significantly diminished relations between the two facilities, according to the Leader-Telegram.