Chicago-based Huron Consulting Group's acquisition of Studer Group, a Pensacola, Fla.-based healthcare consulting firm, for $323 million in cash and $2 million in common stock is now complete.
Transactions & Valuation Issues
St. Louis-based Ascension Health has agreed to set aside $20 million in anticipated proceeds from its upcoming sale of St. Joseph Medical Center and St. Mary's Medical Center, both in Kansas City, Mo., to Ontario, Calif.-based Prime Healthcare Services for acute indigent…
Manchester-based Eastern Connecticut Health Network, which owns Rockyville General in Vernon, Conn., and Manchester (Conn.) Memorial, has moved on to another plan after Dallas-based Tenet Healthcare backed out of a deal to acquire the system, according to a Hartford Courant…
The sale of 164-bed St. Joseph Mercy Port Huron (Mich.) hospital to Ontario, Calif.-based for-profit hospital operator Prime Healthcare Services is under review by the Michigan attorney general's office, according to a Times Herald report.
2014 brought 95 hospital transactions, making it the third consecutive year in which at least 95 hospital transactions were announced, according to a new analysis from Kaufman, Hall & Associates.
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The University of Toledo (Ohio) is looking at creating a nonprofit corporation called University of Toledo Health, according to report by The Blade.
Falls Church, Va.-based Inova Health System plans to develop the Inova Center for Personalized Health on Exxon Mobil's 117-acre Merrifield campus, according to a report by The Washington Post.
Hinsdale, Ill.-based Adventist Midwest Health, part of Altamonte Springs, Fla.-based Adventist Health System, and Arlington Heights, Ill.-based Alexian Brothers Health System, part of St. Louis-based Ascension Health, have finalized their agreement to form an integrated healthcare system.
Sumter, S.C.-based Tuomey Healthcare System is considering a merger with Palmetto Health, a health system in Columbia, S.C.
Atlanta-based Emory University, which owns Emory Healthcare, and Marietta, Ga.-based WellStar Health System, the largest nonprofit system in Georgia, are discussing the prospect of joining forces to create a new health system.