Every day, hospitals assume more risk as they enter into payment arrangements that directly tie their reimbursements with care quality and cost containment.
Transactions & Valuation Issues
Cloud County Health Center in Concordia, Kan., and Salina (Kan.) Regional Health Center began an affiliation agreement May 1, reports Salina Journal.
Winston-Salem, N.C.-based Novant Health said Monday it is terminating partnership negotiations with Savannah, Ga.-based Memorial University Medical Center, which Memorial officials called a "make or break" deal for its future, according to Savannah Now.
HCP has approved a plan to spin off its HCR ManorCare portfolio of skilled nursing and assisted living assets, as well as other skilled nursing assets, into an independent, publicly-traded real estate investment trust called SpinCo.
Morehouse General Hospital in Bastrop, La., has entered into negotiations for a management agreement with Plano, Texas-based Community Hospital Corp., according to The News Star.
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South Haven (Mich.) Health System will pursue a partnership with the Bronson Healthcare system, based in Kalamazoo, Mich., which could result in SHHS joining Bronson.
Susquehanna Health of Williamsport, Pa., and Pittsburgh-based UPMC have signed a letter of intent to pursue an affiliation agreement.
Tyler, Texas-based Trinity Mother Frances Hospitals and Clinics and Irving, Texas-based CHRISTUS Health have finalized a merger agreement, creating CHRISTUS Trinity Mother Frances Health System.
Greenville (Ill.) Regional Hospital has joined Springfield, Ill.-based Hospital Sisters Health System to become HSHS Holy Family Hospital in Greenville.
Providence, R.I.-based Care New England Health System and New Bedford, Mass.-based Southcoast Health System plan to join together under a new corporate entity, according to the Boston Business Journal.