Providers need to develop a transition plan that addresses workflow as well as information technology to optimize the results of integration.
Transactions & Valuation Issues
Arlington Heights, Ill.-based Alexian Brothers and Hinsdale, Ill.-based Adventist Midwest Health signed a non-binding letter of intent to form a joint operating company. AtlantiCare in Atlantic City, N.J., signed a definitive agreement to become a member of Geisinger Health…
New Jersey Superior Court Judge Margaret Mary McVeigh has approved the sale of St. Mary's Hospital in Passaic, N.J., to Ontario, Calif.-based Prime Healthcare Services.
Rochester (N.Y.) Regional Health System has finalized definitive agreements under which Clifton Springs (N.Y.) Hospital & Clinic and United Memorial Medical Center in Batvia, N.Y., will join the health system.
Exclusive affiliation negotiations between Vancouver, Wash.-based PeaceHealth and two small community hospitals in northwest Washington state — Skagit Valley Hospital in Mount Vernon and Cascade Valley Hospital and Clinics in Arlington — have fallen through, according to a Puget Sound…
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Carondelet Health Network, based in Tucson, Ariz., and its parent company, St. Louis-based Ascension Health, have signed a nonbinding letter of intent with San Francisco-based Dignity Health and a subsidiary of Dallas-based Tenet Healthcare Corp. to create a joint venture.
Four New Hampshire community hospitals have signed a non-binding letter of intent to create a common parent organization.
The Healthcare Financial Management Association has released a report on acquisition and affiliation strategies, based on hospital and health system site visits, interviews and 145 responses to a survey sent to senior financial executive HFMA members.
Robert Seamon, CEO of Clifton-Fine Hospital in Star Lake, N.Y., discussed the advantages of a proposed affiliation with Samaritan Medical Center in Watertown, N.Y., at community meetings last week, according to a Watertown Daily Times report.
The following stories about hospital mergers, acquisitions and general transactions were posted within the last week, beginning with the most recent.