BJC HealthCare, a nonprofit system based in St. Louis, has signed an agreement to purchase Farmington, Mo.-based Mineral Area Regional Medical Center from Capella Healthcare, based in Franklin, Tenn.
Transactions & Valuation Issues
Marshfield (Wis.) Clinic may partner with Wausau, Wis.-based Aspirus to build a new $175 million-plus patient care facility near the current Marshfield Clinic complex, according to a report by the Marshfield News-Herald.
Dallas-based Tenet Healthcare operates 80 hospitals in 14 states, and the for-profit hospital operator is focused on growing in the state that is home to more of its hospital beds than any other — Texas.
Plano, Texas-based Community Hospital Corporation recently announced that it will lease and operate Jellico (Tenn.) Community Hospital, a member of Altamonte Springs, Fla.-based Adventist Health System.
Montreal, Canada-based Valeant Pharmaceuticals International has agreed to acquire all of the outstanding common stock of Raleigh, N.C.-based gastrointestinal drugmaker Salix Pharmaceuticals for $158 per share in cash, or a total enterprise value of about $14.5 billion, the companies announced…
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The following healthcare mergers, acquisitions and general transactions took place or were announced within the past week.
A subsidiary of St. Louis-based Ascension Health intends to buy U.S. Health and Life Insurance, based in Sterling Heights, Mich., for $50 million, according to a Crain's Detroit Business report.
California Attorney General Kamala D. Harris has conditionally approved a transaction allowing Ontario, Calif.-based Prime Healthcare Services to acquire six hospitals from Los Altos, Calif.-based Daughters of Charity Health System.
According to a recent news article, Siemens Healthcare has partnered with Williams Medical Supplies in the United Kingdom.
Boston-based Partners HealthCare will hold off on its plans to merge Melrose, Mass.-based Hallmark Health System into its system, according to a post by Partners President and CEO Gary Gottlieb, MD, on the system's website.