Faxton St. Luke's Healthcare and St. Elizabeth Medical Center, both based in Utica, N.Y., have officially announced their affiliation and the formation of Mohawk Valley Health System.
Transactions & Valuation Issues
Huggins Hospital in Wolfeboro, N.H., and Wentworth-Douglass Health System in Dover, N.H., have decided not to expand their collaboration, according to a Foster's Daily Democrat report.
When two healthcare organizations begin the process of carrying out a merger or acquisition, they commonly encounter certain "pain points," says Munzoor Shaikh, senior manager at consulting firm West Monroe Partners.
The following accountable care organizations or value-based care delivery arrangements were covered by Becker's Hospital Review within the past month.
Yampa Valley Medical Center in Steamboat Spring, Colo., has joined the Mayo Clinic Care Network.
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For-profit hospital chain Tenet Healthcare Corp. has created a strategic alliance with Yale New Haven (Conn.) Health System in a bid to gain scale in the greater Northeast.
Lexington, Ky.-based Appalachian Regional Healthcare has resubmitted a certificate of need application to acquire Williamson (W.Va.) Memorial Hospital, according to a Gilbert Times report.
Less than one month after shutting its doors, Lower Oconee Community Hospital in Glenwood, Ga., has reopened, according to a WMAZ report.
Novant Health in Winston-Salem, N.C., has announced a shared services agreement with Hugh Chatham Memorial Hospital in Elkin, N.C.
North American Partners in Anesthesia and FOAA Anesthesia Services announced a merger of the two organizations, effective immediately.