What do companies do when they need a service, procurement of a commodity or asset they do not have internally? They release a request for proposal (RFP) or request for information (RFI). If you are an administrator at a hospital…
Transactions & Valuation Issues
The following healthcare mergers, acquisitions and general partnerships took place or were announced in the past week.
Eastern Niagara Health System in Lockport, N.Y., and Buffalo, N.Y.-based Kaleida Health have inked an affiliation agreement, which will allow the systems to work together on physician recruitment, clinical education, supply chain and IT enhancement.
Louisville, Ky.-based Kindred Healthcare, a post-acute care provider, will sell 12 of its long-term acute care hospitals to Curahealth for $27.5 million this year, reports Pittsburgh Post-Gazette.
After three years, Ontario, Calif.-based Prime Healthcare Services has been given final approval to acquire Saint Michael's Medical Center in Newark, N.J.
The Town of North Wilkesboro, N.C., and Wilkes Regional Medical Center in North Wilkesboro have moved closer to finalizing a long-term lease agreement with Winston-Salem, N.C.-based Wake Forest Baptist Medical Center.
Dallas-based Tenet Healthcare is looking far into the future for Palm Springs, Calif.-based Desert Regional Medical Center, a hospital it has leased and operated since 1996.
North Valley Hospital in Whitefish, Mont., will become an affiliate under the Kalispell (Mont.) Regional Healthcare system, according to a NBC Montana report.
In a recent briefing, Cornerstone OnDemand discusses the challenges that can arise during mergers and acquisitions.
Minneapolis-based Fairview Health Services and health insurer UCare have signed a letter of intent to combine their operations.