The Miami-Dade County Commission unanimously approved Miami-based Jackson Health System's agreement to expand westward with the construction of an outpatient center in Doral, Fla., according to the South Florida Business Journal.
Transactions & Valuation Issues
Phoenix-based nonprofit Banner Health has signed a letter of intent to purchase Mogollon Health Alliance, which operates Payson (Ariz.) Regional Medical Center.
Silverton (Ore.) Health has deviated from its path of partnering with Renton, Wash.-based Providence Health & Services on programs and is beginning affiliation discussions with Legacy Health in Portland, Ore., according to a Statesman Journal report.
Two out-of-state, for-profit hospital chains are interested in taking over Rockville General Hospital in Vernon, Conn., and Manchester (Conn.) Memorial Hospital, according to a Hartford Courant report.
Five rural hospitals in Maine have teamed up to form the Maine Rural Health Collaborative, which will help the organizations face challenges presented by the shifting healthcare landscape and rural patient population, according to the St. John Valley Times.
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UCSF Medical Center in San Francisco and Walnut Creek, Calif.-based John Muir Health have finalized an affiliation agreement, created a jointly owned network and set their sights on developing a health insurance plan.
Downers Grove, Ill.-based Advocate Health Care and Evanston, Ill.-based NorthShore University Health System planned to finalize their merger in early 2015, which would create a 16-hospital system, the largest in Illinois.
Eleven healthcare deals valued at more than $1 billion each have been recorded so far in 2015, according to a report from Irving Levin Associates.
The following healthcare mergers, acquisitions and general transactions took place or were announced within the past week.
Prem Reddy, MD, chairman, president and CEO of Ontario, Calif.-based Prime Healthcare Services, is standing behind his decision to back out of a deal to acquire Los Altos, Calif.-based Daughters of Charity Health System's hospitals, according to a Los Angeles…