There are several characters and storylines in Boston-based Partners HealthCare's proposed acquisitions of South Shore Hospital in Weymouth, Mass., and Hallmark Health System in Melrose, Mass.
Transactions & Valuation Issues
Lawmakers have questions about the transition agreement Pittsburgh-based UPMC and health insurer Highmark entered into, just two weeks after Pennsylvania Governor Tom Corbett announced the two had reached a pact, according to a Pittsburgh Business Times report.
Healthcare merger and acquisition spending jumped to $135.2 billion during the second quarter of this year, a 152 percent increase from $53.6 billion during the second quarter of 2013, according to an Irving Levin Associates report.
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.
The following hospital mergers, acquisitions and general transactions took place within the past week, beginning with the most recent.
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Community Health Systems, based in Franklin, Tenn., and Natchez (Miss.) Regional Medical Center have signed a definitive agreement allowing CHS to acquire all of Natchez Regional's assets.
Mesa, Ariz.-based NextCare Holdings — one of the nation's largest providers of urgent care and occupational medical services — has opened its third clinic in New Mexico since 2013.
In a recent Healthcare Financial Management Association report on acquisitions and affiliations, Jullia Quazi, BMO Capital Market's managing director, and David Johnson, BMO's former sector head and managing director, suggest that organizations considering a possible transaction ask themselves the following…
MedWest Haywood, a public hospital authority in Clyde, N.C., has reached an agreement in principle concerning its pending acquisition by Brentwood, Tenn.-based Duke LifePoint Healthcare.
The Adams County Board of Supervisors has unanimously approved the sale of Natchez (Miss.) Regional Medical Center to Community Health Systems, based in Franklin, Tenn., according to a Natchez Democrat report.