The following healthcare mergers, acquisitions and general transactions took place or were announced within the past week.
Transactions & Valuation Issues
UC San Diego Health System and Eisenhower Medical Center in Rancho Mirage, Calif., are pursing a partnership deal, according to The Desert Sun.
Several potential buyers have expressed interest in purchasing one or all of Los Altos, Calif.-based Daughters of Charity Health System's hospitals, according to a San Jose Mercury News report.
The Penn State Board of Trustees has approved a proposal to combine Penn State Milton S. Hershey (Pa.) Medical Center and Harrisburg, Pa.-based PinnacleHealth System to form a new health enterprise under the umbrella of Penn State Health.
Dallas-based Tenet Healthcare has signed a definitive agreement to form a joint venture with United Surgical Partners International to create the largest provider of ambulatory surgery in the U.S.
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A contract between health insurer Aetna and Robert Wood Johnson University Hospital in New Brunswick, N.J., could be terminated if both sides do not come to an agreement by April 15, according to RWJUH.
Memorial Hospital in Towanda, Pa., will be affiliated with Guthrie, a three-hospital system based in Sayre, Pa., as of April 1.
La Jolla, Calif.-based Scripps Health has signed a purchase agreement with Imaging Healthcare Specialists, a network of ambulatory radiology centers with eight locations across San Diego and Riverside counties. The deal is expected to close by March 31.
Melrose, Mass.-based Hallmark Health System's newly appointed CEO, Alan Macdonald, is focused on following through with a deal to merge with Boston-based Partners HealthCare, according to The Boston Globe.
Teton Medical Center in Choteau, Mont., will be sold to Great Falls, Mont.-based Benefis Health System for $500,000, according to a Choteau Acantha report.