Vancouver, Wash.-based PeaceHealth and Renton, Wash.-based Providence Health & Services are creating a strategic affiliation to enhance healthcare in the communities they serve, beginning with a new health and wellness center in Vancouver, according to The Register-Guard.
Transactions & Valuation Issues
Saratoga Springs, N.Y.-based Saratoga Hospital and Albany (N.Y.) Medical Center have signed a letter of intent to affiliate.
Deerfield, Ill.-based Walgreens Boots Alliance, a global pharmacy-led, health and well-being enterprise, has agreed to buy Camp Hill, Pa.-based Rite Aid Corp. for about $9.4 billion, a deal that would unite two of the country's three biggest drugstore owners, according…
Why have 2 Boston hospitals failed to merge — 3 times?
The following healthcare mergers, acquisitions and general partnerships took place or were announced in the past week.
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Talk is circulating of a relationship between Detroit-based Henry Ford Health System and Oakland, Calif.-based Kaiser Permanente.
Fort Oglethorpe, Ga.-based Hutcheson Medical Center plans to move forward with an auction sale of its nursing home, according to a Chattanooga Times Free Press report.
Prime Healthcare Foundation, the nonprofit affiliate of Ontario, Calif.-based Prime Healthcare Services, has signed a definitive agreement to acquire East Liverpool, Ohio-based River Valley Health Partners, which includes 152-bed East Liverpool City Hospital.
There were 28 hospital transactions announced in the third quarter of fiscal year 2015, which puts this year on track to outpace merger and acquisition activity from 2014, according to a recent report by Ponder & Co.
Washington, D.C.-based BridgePoint Healthcare has expressed interest in taking over the closing Laurel (Md.) Regional Hospital, according to the Washington Business Journal.