Fremont, Calif.-based Washington Hospital Healthcare System and Aetna have signed a new three-and-a-half year contract giving Aetna HMO, PPO and Medicare Advantage members in-network access to WHHS for the first time since 2012.
Transactions & Valuation Issues
Weiser (Idaho) Memorial Hospital and Boise, Idaho-based St. Luke's Health System have signed a letter of intent to consider integration, according to a report from The Angus Observer.
The Cleveland Clinic Heart & Vascular Institute has selected North Shore-LIJ Health System in Great Neck, N.Y., as its exclusive alliance member for providing heart patients in the New York metropolitan area with greater access to clinical trials and advances…
A report from the Johnson City Press has offered a speculative list of potential future partners for Wellmont Health System, a seven-hospital network based in Kingsport, Tenn.
The following hospital mergers, acquisitions and general transactions took place within the past week, beginning with the most recent.
Advertisement
Ontario, Calif.-based Prime Healthcare Services has completed its acquisition of St. Mary's Hospital in Passaic, N.J.
Arlington Heights, Ill.-based Alexian Brothers Health System and Maywood, Ill.-based Loyola University Health System have signed a letter of intent to affiliate to expand their pediatric service lines.
During the first two quarters of 2014, 43 hospital and health system transactions were announced, a slight decreased from 46 transactions in the first half of last year, according to a Kaufman Hall analysis.
Ontario, Calif.-based for-profit Prime Healthcare Services is rumored to be a potential buyer for Daughters of Charity Health System, a six-hospital network based in Los Altos Hills, Calif., according to a San Jose Mercury News report.
Milwaukee-based Aurora Health Care and Bay Area Medical Center in Marinette, Wis., have entered into a partnership that gives Aurora a minority stake in BAMC.