The former Natchez (Miss.) Community Hospital campus is set to close next month as part of a planned consolidation of the Natchez hospital market, according to a Natchez Democrat report.
Transactions & Valuation Issues
Structuring and negotiating a joint venture between a charitable organization and a for-profit "takes diligence, digging in, asking questions and understanding the facts at each layer."
The board of trustees of Alpena (Mich.) Regional Medical Center has signed a letter of intent to partner with nonprofit MidMichigan Health in Midland, an affiliate of University of Michigan Health System.
With groundbreaking insurer mega-mergers on the horizon, hospitals are considering growing their own insurance plans, according to a Reuters report.
There were 385 healthcare transactions reported in the third quarter of fiscal year 2015 — a new record for any third quarter.
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Kentucky Health Cooperative, a nonprofit insurance company formed under the Affordable Care Act, will not offer health insurance plans on Kentucky's health insurance marketplace when open enrollment for 2016 coverage begins Nov. 1.
Washington, D.C.-based MedStar Georgetown University Hospital applied to build a $560 million medical and surgical pavilion, the hospital announced last week.
Rochester, Minn.-based Mayo Clinic's branch in Jacksonville, Fla., is teaming up with local St. Vincent's HealthCare to build a new cancer clinic at St. Vincent's Medical Center Riverside, according to The Florida Times-Union.
Ridgewood, N.J.-based Valley Health System has affiliated with the Cleveland Clinic's Sydell and Arnold Miller Family Heart & Vascular Institute.
Los Angeles-based for-profit hospital operator Prospect Medical Holdings has reached a preliminary deal to acquire Springfield, Pa.-based Crozer-Keystone Health System, according to The Inquirer.