Hospital merger and acquisition volume declined 42.9 percent year-over-year to 12 deals in the first quarter of 2014, according to a report from Irving Levin Associates.
Transactions & Valuation Issues
Mountain States Health Alliance, a 14-hospital health system based in Johnson City, Tenn., has announced two new partnerships meant to expand its rehabilitation and skilled nursing services.
On Wednesday, the U.S. Court of Appeals for the 6th Circuit issued a major decision within the hospital sector, as it backed the Federal Trade Commission and ordered Toledo, Ohio-based ProMedica to unwind its acquisition of St. Luke's Hospital in…
Nashville, Tenn.-based Hospital Corporation of America is one of three potential buyers of Healthscope, Australia's second-largest private hospital operator with 33 hospitals, according to a Wall Street Journal report.
Hospitals or healthcare systems seeking to merge with or acquire other hospitals or systems need to be mindful of the property & casualty risk implications of such transactions.
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Hospital boards sit in a precarious situation today: Sit idle during the waves of healthcare reform, or move aggressively to look at partnerships with other institutions.
Sanford Health, based in Sioux Falls, S.D., and Liberty Medical Center in Chester, Mont., have ratified a management agreement, effective March 24.
The following hospital mergers, acquisitions and general transactions took place within the past week, beginning with the most recent.
The Massachusetts Health Policy Commission has approved a preliminary report finding that Winchester (Mass.) Hospital's proposed affiliation with Lahey Health in Burlington, Mass., could reduce healthcare spending by as much as $2.7 million per year, according to a report from…
Officials with Berkshire Health Systems in Pittsfield, Mass., have entered negotiations to possibly acquire the assets of the bankrupt and shuttered Northern Berkshire Healthcare, based in North Adams, Mass., according to a Berkshire Eagle report.