Munster, Ind.-based Community Healthcare System and Indianapolis-based Anthem Blue Cross Blue Shield have ended their agreement, according to an Inside INdiana Business report.
Transactions & Valuation Issues
Brentwood, Tenn.-based Duke LifePoint Healthcare has expanded its reach in North Carolina with the acquisition of two hospitals, which were previously owned by Dallas-based Tenet Healthcare.
Brentwood, Tenn.-based LifePoint Health has expanded its network with the acquisition of 376-bed St. Francis Hospital in Columbus, Ga.
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.
Columbia, S.C.-based Palmetto Health and Sumter, S.C.-based Tuomey Healthcare System have finalized their merger, a deal which has been in the works since February.
Oklahoma City-based Foundation HealthCare, which owns and operates surgical hospitals, has acquired 69-bed University General Hospital in Houston, which filed for chapter 11 bankruptcy protection in 2015.
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.
Horse Cave, Ky.-based Caverna Memorial Hospital will become part of Bowling Green, Ky.-based The Medical Center, effective Jan. 1.
The following hospital mergers, acquisitions and general transactions took place or were announced in December, beginning with the most recent.