New Jersey Health Commissioner Mary E. O'Dowd and Attorney General John J. Hoffman have approved the sale of St. Mary's Hospital in Passaic, N.J., to Ontario, Calif.-based Prime Healthcare Services, under certain conditions, according to a report from The Record.
Transactions & Valuation Issues
Northstar Health System in Iron River, Mich., has finalized its affiliation with Wausau, Wis.-based Aspirus, effective July 1, according to a WLUC TV6 report.
Johnson Controls, a Milwaukee-based global multi-industrial company, has completed the acquisition of Air Distribution Technologies, originally announced in April, for $1.6 billion.
The following hospital mergers, acquisitions and general transactions took place within the past week, beginning with the most recent.
Community Health Network and Eskenazi Health, both based in Indianapolis, have decided not to work toward a partnership, according to a report from The Indianapolis Star.
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Parrish Medical Center in Titusville, Fla., has become the 29th member of the Mayo Clinic Care Network.
The Ohio State University Wexner Medical Center in Columbus and Ohio Valley Health Services and Education — the parent company of Wheeling, W.Va.-based Ohio Valley Medical Center and Ohio Regional Hospital in Martins Ferry, Ohio — are affiliating to help improve the quality and cost-effectiveness of healthcare services in the…
Wellmont Health System, a seven-hospital network based in Kingsport, Tenn., has narrowed down the number of health systems it's considering for a possible partnership from nine to six.
A group of Massachusetts healthcare providers have written to Attorney General Martha Coakley and Deputy Attorney General Christopher Barry-Smith to express concern about an agreement allowing Boston-based Partners HealthCare to acquire at least three more hospitals in the state, according…
Medina (N.Y.) Memorial Hospital, part of Orleans Community Health, has signed an affiliation agreement with Catholic Health in Buffalo, N.Y.