Yale New Haven (Conn.) Health System has entered into a definitive agreement to affiliate with L+M Healthcare, the parent organization of Lawrence + Memorial Hospital in New London, Conn., and Westerly (R.I.) Hospital.
Transactions & Valuation Issues
Dallas-based Tenet Healthcare, San Francisco-based Dignity Health and St. Louis-based Ascension have signed a definitive agreement to create a partnership to own and operate Carondelet Health Network based in Tucson, Ariz.
Utah-based Intermountain Healthcare has acquired the St. Louis-based group purchasing organization Amerinet, according to a St. Louis Business Journal report.
Great Neck, N.Y.-based North Shore-LIJ Health System is looking to complete its merger with Riverhead, N.Y.-based Peconic Bay Medical Center by January 2016, according to a RiverheadLOCAL report.
Mount St. Mary's Hospital and Health Center in Lewiston, N.Y., has become a full member of Catholic Health.
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Robert Wood Johnson Health System, which has flagship hospital campuses in New Brunswick, N.J., and Somerset, N.J., and Barnabas Health, based in Orange, N.J., have signed a definitive agreement to merge, creating the largest health system in the state.
The board of trustees of Eastern Long Island Hospital in Greenport, N.Y., has voted to affiliate with Stony Brook (N.Y.) University Hospital.
Yale-New Haven Hospital (New Haven, Conn.) has partnered with Milford (Conn.) Hospital to open the Yale-New Haven Hospital Rehabilitation and Wellness Center at Milford Hospital, according to the Milford Mirror.
New Castle, Pa.-based Jameson Health System is still hopeful a formally approved agreement to merge into the Pittsburgh-based UPMC network will come to fruition, even after months-long delays to close the deal, according to a New Castle News report.
Though the 2010 healthcare reform law was supposed to promote competition among insurers, the recent influx of mergers has left consumers with fewer choices, according to the LA Times.