Advertisement

Transactions & Valuation Issues

After nearly 20 years under the ownership of for-profit hospital chains, Bartow (Fla.) Regional Medical Center has been purchased by BayCare Health System, a nonprofit hospital network based in Clearwater, Fla., according to The Ledger.

Advertisement

Bowie (Texas) Memorial Hospital closed Nov. 16, but the financially troubled hospital will reopen, as its board members have voted to enter into a sales contract with Houston-based Royce D. Brough Group, according to a Times Record News report.

BlueCross BlueShield of Arizona and Tucson, Ariz.-based Carondelet Health Network have signed a new four-year contract, ending a dispute that could have caused the insurer's customers to lose in-network access at Carondelet facilities, according to a the Arizona Daily Star.

Advertisement