Boston Medical Center, the largest safety-net hospital in Massachusetts, and Tufts Medical Center in Boston have scrapped their merger plans, according to a Boston Globe report.
Transactions & Valuation Issues
When considering a new partnership or transaction, it is imperative for health system leaders to get to know the community they will be moving into. However, many times negotiators are only concerned with getting the deal done and lose sight…
Ambulatory surgery center joint ventures with hospitals and health systems is a huge opportunity as the healthcare system encourages collaboration to provide the best quality care at the lowest cost.
In the midst of the flurry of mergers and acquisitions, the healthcare industry is eyeing independent hospitals to see what moves, if any, they plan to take and what strategies they employ to remain independent.
Affiliations and relationships are becoming more commonplace in healthcare to expand hospital networks and care delivery systems. Carefully choosing the right affiliation partners, though, is key to a successful relationship.
In addition to mergers and acquisitions, hospital partnerships and affiliations are becoming increasingly common in the healthcare industry. At the Becker's Hospital Review 6th Annual Meeting on May 8, Thomas L. Stover, MD, President and CEO of Akron (Ohio) General…
Marshfield (Wis.) Clinic Health System is joining AboutHealth, the statewide healthcare organization that includes Wausau-based Aspirus, Milwaukee-based Aurora Health Care, Green Bay-based Bellin Health, La Crosse-based Gundersen Health System, Waukesha-based ProHealth Care, Appleton-based ThedaCare and Madison-based UW Health.
Hackensack (N.J.) University Health Network and Neptune, N.J-based Meridian Health have signed the definitive agreement for the two health systems to merge and become Hackensack Meridian Health.
St. Louis-based Mercy, St. Joseph, Mo.-based Mosaic Life Care and Columbia, Mo.-based University of Missouri Health Care have formed a multi-state provider network.
Winston-Salem, N.C.-based Novant Health is pursuing a buyer for Franklin Medical Center in Louisburg, N.C., according to a Winston-Salem Journal report.