Lynchburg, Va.-based Centra Health has taken full ownership of Bedford (Va.) Memorial Hospital for $12 million, according to an article in Work It, Lynchburg.
Transactions & Valuation Issues
Rochester (N.Y.) General Hospital System and Unity Health System, also based in Rochester, have filed the necessary documents to finalize a merger between the two systems, according to a Rochester Business Journal report.
Oconee Regional Health Systems and Oconee Regional Medical Center, both located in Midgeville, Ga., have agreed to partner with Central Georgia Health System and The Medical Center of Central Georgia in Macon.
Bronxville, N.Y.-based Lawrence Hospital and NewYork-Presbyterian Hospital in New York City have announced a new partnership aimed at enhancing care, improving access and lowering healthcare costs for residents of Broxville and surrounding counties in Westchester County.
The number of mergers and acquisitions in the healthcare industry are poised for substantial growth over the next year, according to a new study from the Nashville, Tenn.-based law firm of Bass, Berry & Sims.
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Silverton (Ore.) Hospital's board of directors is considering an affiliation with another health system, according to a Statesman Journal report.
Troy (Ala.) Regional Medical Center and Southeast Alabama Medical Center in Dothan are entering into a clinical collaboration, according to a Dothan First report.
Chicago-based Presence Health has signed a letter of intent to sell Our Lady of the Resurrection Medical Center to Community First Healthcare of Illinois, according to a Crain's Chicago Business report.
Ten stories with practical checklists, advice from executives and analyses of transaction trends for hospitals and health systems considering, pursuing or undergoing a merger.
The board of Atlanta-based home health and hospice services provider Gentiva Health Services has turned down an unsolicited takeover offer from Kindred Healthcare, a post-acute care services provider based in Louisville, Ky.