The world of joint ventures is changing as healthcare trends toward higher quality outcomes at lower costs.
Transactions & Valuation Issues
Boston-based Massachusetts General Hospital will acquire Wentworth-Douglass Hospital in Dover, N.H., according to the New Hampshire Union Leader.
Bigger is better is the name of the game in the healthcare industry, as evidenced by the wave of deals announced Thursday, reaching a combined total of more than $40 billion.
Brattleboro (Vt.) Memorial Hospital, Cheshire Medical Center/Dartmouth-Hitchcock Keene, based in Keene, N.H., and Lebanon, N.H.-based Dartmouth-Hitchcock health system, have formed a strategic partnership aimed at delivering high-quality, value-based healthcare to the region.
Methodist Health System in Dallas has reached a deal to buy the bankrupt Forest Park Medical Center in Southlake, Texas, for $17.6 million, according to a Fort Worth Star-Telegram report.
Pioneers Memorial Healthcare District in Brawley, Calif., is now an affiliate of San Diego-based Scripps Health.
Boone Hospital Center in Columbia, Mo., is considering dropping its current management company after its board of trustees approached 17 prospective management partners, reports Missourian.
The following healthcare mergers, acquisitions and general partnerships took place or were announced since April 11.
A string of mergers and acquisition helped Tenet secure its spot as the No. 3 hospital operator in the nation. However, the hospital network is now slowing its growth strategy to help improve its finances, according to The Dallas Morning…
Oakland, Calif.-based Kaiser Permanente is one step closer to taking over three hospitals from Hawaii Health Systems Corp., a state-funded hospital network based in Honolulu.