Richland, Wash.-based Kadlec Health System and Providence Health and Services have signed a final definitive agreement to affiliate.
Transactions & Valuation Issues
Brentwood, Tenn.-based HealthTrust Purchasing Group has acquired certain assets of Cardiac Data Solutions, an analytic platform that helps healthcare leaders improve clinical and financial outcomes, according to a news release.
The Bert Fish Foundation has agreed to waive its interest in the potential sale or lease of Bert Fish Medical Center in New Smyrna Beach, Fla., in exchange for a payment to be determined through mediation, according to a report…
Three Maryland hospital systems — Frederick (Md.) Regional Health System, Meritus Health in Hagerstown and Western Maryland Health System in Cumberland — have revealed the name of their regional collaboration: Trivergent Health Alliance.
Cleveland Clinic and Akron (Ohio) General Health System have signed a letter of intent to enter into an agreement making Cleveland Clinic a minority owner of Akron General and making Akron General its exclusive health system partner in Summit County,…
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Driven by factors such as the Patient Protection and Affordable Care Act and the push to contain ballooning costs, the U.S. healthcare industry has been consolidating at a rapid rate in recent years. These mergers increasingly include deals struck between…
The following hospital mergers, acquisitions and general transactions took place within the past week, beginning with the most recent.
Mundelein, Ill.-based Medline has acquired Hartland, Wis.-based Triad Group via bankruptcy for $7.1 million, according to a Milwaukee Business Journal report.
Traditionally, healthcare delivery and health insurance existed as two separate types of business, but there is a new trend in the healthcare industry of hospitals and health systems buying insurance companies.
Kern County officials are preparing to publicly disclose details to county supervisors and the Kern Health Systems board Monday concerning a proposal to keep the financially struggling Kern Medical Center in Bakersfield, Calif., afloat by merging it with Bakersfield-based KHS,…