Stony Brook (N.Y.) Medicine and New York City-based Mount Sinai Health System have inked an affiliation agreement, which includes collaboration on research, academic programs and clinical care initiatives.
Transactions & Valuation Issues
Woodbury, N.J.-based Inspira Health Network has terminated its affiliation agreement with Philadelphia-based Jefferson Health, according to the Courier Post. The news follows Jefferson Health's announcement Tuesday that it will merge with Vorhees, N.J.-based Kennedy Health, pending regulatory approval.
IPC of TeamHealth, a national physician services organization spanning multiple specialties in both hospitals and post-acute facilities, has acquired the operations of Chicago-based medical group practice Signature Healthcare Solutions.
Mobile, Ala.-based AltaPointe Health Systems and Sylacauga, Ala.-based Cheaha Regional Mental Health have merged, making AltaPointe the largest and most comprehensive behavioral healthcare provider in Alabama, according to AL.com.
Scottsdale, Ariz.-based Everest Medical Core Properties has acquired Fort Wright, Ky.-based Christ Hospital outpatient center, according to the Cincinnati Business Journal.
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A Huntington-based steel company has filed an appeal challenging Cabell Huntington (W.Va.) Hospital's acquisition of Huntington, W.Va.-based St. Mary's Medical Center, according to the Herald-Dispatch.
Roseville, Calif.-based Adventist Health and Portland, Ore.-based Oregon Health & Sciences University Partners have signed a nonbinding letter of intent to pursue an affiliation.
Plans for a potential merger between St. Paul, Minn.-based Fairview Health Services and Duluth, Minn.-based University of Minnesota fell through last month, according to the Star Tribune.
Moses Lake, Wash.-based Samaritan Healthcare and Wenatchee, Wash.-based Confluence Health officials said negotiations for an affiliation agreement have ended, according to the Columbia Basin Herald.
Sioux Falls, S.D.-based Lifescape acquired Sioux City, S.D.-based AbleKids Pediatric Therapy, according to the Argus Leader.