Monroe, Wash.-based Valley General Hospital will join EvergreenHealth as part of the third and final phase of an alliance agreement that has been approved by the boards of commissioners at both organizations.
Transactions & Valuation Issues
Ann Arbor, Mich.-based Saint Joseph Mercy Health System — a member of Livonia, Mich.-based Trinity Health — has entered into a definitive agreement to sell 164-bed St. Joseph Mercy Port Huron (Mich.) hospital to Ontario, Calif.-based for-profit hospital operator Prime…
UC Irvine Health in Orange, Calif., and Corona (Calif.) Regional Medical Center — a subsidiary of King of Prussia, Pa.-based Universal Health Services — have entered into an affiliation agreement to expand access to specialty healthcare services in Corona and…
Franklin, Tenn.-based Community Health Systems has signed a definitive agreement to sell Dallas Regional Medical Center in Mesquite, Texas, and its related outpatient services to Ontario, Calif.-based Prime Healthcare Services.
The Tucson-based University of Arizona Health Network merger with Phoenix-based Banner Health is set to close on Jan. 31, 2015, making Banner the state's largest private employer, according to the Arizona Daily Star.
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The following hospital mergers, acquisitions and affiliations took place within the past week, beginning with the most recent.
Sound Physicians, a Tacoma, Wash.-based provider of hospitalist and post-acute physician care, announced Thursday it will now serve 80 percent more hospitals through the acquisition of Brentwood, Tenn.-based Cogent Healthcare.
Pittsburgh-based Allegheny Health Network is partnering with Celtic Healthcare in Mars, Pa., to create a for-profit hospice and home health network, according to Trib Total Media.
Merger and acquisition activity among hospitals and health systems has been on the rise, and many expect this trend to continue. Whether your organization has undergone many prior transactions or you're pursuing your first transactions in years, you need to…
Louisville, Ky.-based post-acute services provider Kindred Healthcare has signed a definitive merger agreement to acquire Centerre Healthcare — an operator of inpatient rehabilitation hospitals — for approximately $195 million.