Long Beach, Calif.-based Molina Healthcare, through its subsidiary Molina Healthcare of Florida, has entered into an agreement with First Coast Advantage — a Provider Service Network affiliated with the University of Florida Jacksonville Healthcare and UF Health Jacksonville — to acquire…
Transactions & Valuation Issues
The following hospital mergers, acquisitions and general transactions took place within the past week, beginning with the most recent.
The New Jersey State Health Planning Board has unanimously recommended the sale of Denville, N.J.-based Saint Clare's Health System to Ontario, Calif.-based, for-profit Prime Healthcare Services, according to a Daily Record report.
These are not easy times for healthcare executives, particularly considering the demand and speed of mergers and acquisition and strategic partnership activity. As the number of facilities has declined, as accountable care organizations have begun to proliferate, as more services…
Cabell Huntington (W.Va.) Hospital and Huntington-based Pallottine Health Services have entered into discussions concerning Cabell's potential acquisition of St. Mary's Medical Center.
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Maine Coast Memorial Hospital in Ellsworth and Eastern Maine Healthcare Systems in Brewer have signed a letter of intent to begin discussions about forming a closer relationship.
Kootenai Health, based in Coeur d'Alene, Idaho, has joined the Mayo Clinic Care Network.
The following hospital mergers, acquisitions and general transactions took place within the past week, beginning with the most recent.
Brentwood, Tenn.-based Duke LifePoint Healthcare acquired Sylva, N.C.-based WestCare Health System.
Dover, Del.-based Bayhealth and Peninsula Regional Medical Center in Salisbury, Md., have announced they are entering into a non-financial partnership to form HealthPartners Delmarva, a new organization through which the hospitals will share best practices and focus on collaborating to improve patient care.