North Shore-Long Island Jewish Health System, a 19-hosptial system based in Manhasset, N.Y., and Cold Spring Harbor (N.Y.) Laboratory announced a strategic affiliation to accelerate cancer research, diagnosis and treatment.
Transactions & Valuation Issues
Kingsport, Tenn.-based Wellmont Health System and Johnson City, Tenn.-based Mountain States Health Alliance have announced the two organizations are in exclusive merger talks.
Here are eight observations on healthcare sector mergers and acquisitions, according to a Irving Levin Associates report.
Providence, R.I.-based Care New England is exploring potential strategic partnerships with other organizations, according to a WPRI report.
Salem (Ore.) Health and Oregon Health & Science University in Portland expect to sign a letter of intent in early May to affiliate their clinical enterprises, officials said this week.
Clifton Springs (N.Y.) Hospital & Clinic has joined Rochester (N.Y.) Regional Health System, making it the fifth hospital in the health system.
Subsidiaries of Franklin, Tenn.-based Community Health Systems have divested Chesterfield General Hospital in Cheraw, S.C., and Marlboro Park Hospital in Bennettsville, S.C.
Johnson City, Tenn.-based Mountain States Health Alliance CEO Alan Levine has officially confirmed a planned merger agreement with Kingsport, Tenn.-based Wellmont Health System, according to a Johnson City Press report.
Ravenna, Ohio-based Robinson Health System is set to become a part of Cleveland-based University Hospitals under an agreement the two organizations reached.
IU Health La Porte (Ind.) Hospital and Knox, Ind.-based Starke Hospital, also part of Indianapolis-based IU Health, have signed a non-binding letter of intent to partner with a subsidiary of Franklin, Tenn.-based Community Health Systems.