Community Health Systems, based in Franklin, Tenn., has signed a definitive agreement to enter into a long-term lease of Munroe Regional Medical Center in Ocala, Fla.
Transactions & Valuation Issues
Jefferson Health System, based in Radnor, Pa., has decided to restructure, which will result in its three main entities splitting and managing their own finances.
East Orange (N.J.) General Hospital and Prospect Medical Holdings, a for-profit hospital operator based in Santa Ana, Calif., have signed a nonbinding letter of intent to pursue a "strategic partnership."
Community Health Center of Branch County in Coldwater, Mich., has narrowed its list of strategic partners to three, according to an article from The Daily Reporter.
Considerations for communications during a hospital or health system transaction.
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Saint Anthony's Health System in Alton, Ill., has signed a letter of intent to become an affiliate of Peoria, Ill.-based OSF Healthcare System.
The following hospital mergers, acquisitions and general transactions took place within the past week, beginning with the most recent.
Brentwood, Tenn.-based Duke LifePoint Healthcare has signed a letter of intent to acquire Conemaugh Health System in Johnstown, Pa., giving the system its first presence in Pennsylvania.
Northwestern Memorial HealthCare in Chicago and Cadence Health in Winfield, Ill., have signed a letter of intent to merge, marking Cadence's second attempt to attract a partner.
The biggest concern among corporate board members and CFOs involving merger and acquisition activities is post-deal integration, according to a survey from Deloitte.