The Ohio State University Wexner Medical Center in Columbus and Barnesville (Ohio) Hospital, a critical access hospital with 25 inpatient beds, have signed an affiliation agreement.
Transactions & Valuation Issues
Boise, Idaho-based St. Luke's Health System has reached an agreement with the Idaho Attorney General to transfer ownership of two hospitals back to the districts that gave the facilities to St. Luke's several years ago.
The following healthcare mergers, acquisitions and general partnerships took place or were announced in the past week.
Englewood, Colo.-based Centura Health has taken over operations of 26-bed Bob Wilson Memorial Hospital in Ulysses, Kan., according to The Hutchison News.
Pearland (Texas) Medical Center and Missouri City-based The Woman's Hospital of Texas are forming an affiliation that will launch Feb. 18.
The New Jersey State Health Planning Board has recommended Ontario, Calif.-based Prime Healthcare Services be allowed to purchase bankrupt Saint Michael's Medical Center in Newark, N.J., according NJ.com.
For the past 10 months, San Pablo, Calif.-based Doctors Medical Center has been vacant. But a recent proposal could help bring it back to life — as a hotel, according to NBC Bay Area.
Bowling Green, Ky.-based Commonwealth Health Corp. has assumed management of Clinton County Hospital in Albany, Ky., effective immediately.
Columbus, Ohio-based Mount Carmel Health System and Adeptus Health in Lewisville, Texas, have entered into a partnership to improve access to emergency medical care in central Ohio.
In a recent press release, Foundation HealthCare announced they have completetd an aqquisition of University General Hospital (UGH), a sixty-nine bed hospital in Houston.