Rochester (N.Y.) General Health System and United Memorial Medical Center in Batvia, N.Y., have confirmed their intent to affiliate.
Transactions & Valuation Issues
On almost any business day, healthcare industry spectators can expect to read a story about one hospital or health system partnering with another.
South County Hospital in Wakefield, R.I., plans to enter into exclusive affiliation talks with New Bedford, Mass.-based Southcoast Health System, according to a Rhode Island Public Radio report.
Silver Cross Hospital, a 289-bed facility located in New Lenox, Ill., has signed a clinical affiliation agreement with Downers Grove, Ill.-based Advocate Health Care.
Akron (Ohio) General Health System ended exclusive negotiations with Cleveland Clinic and Franklin, Tenn.-based Community Health Systems on a proposed joint venture transaction. Amery (Wis.) Regional Medical Center joined Bloomington, Minn.-based HealthPartners. Phoenix-based Banner Health signed a deal to…
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The State University of New York has issued a new request for proposals for Long Island College Hospital, its troubled hospital based in Brooklyn, according to a Brooklyn Daily Eagle report.
The University of Virginia Medical Center in Charlottesville and Culpeper (Va.) Regional Health System have agreed to terms that would make UVA the majority owner of Culpeper Regional Hospital.
The following hospital mergers, acquisitions and general transactions took place within the past week, beginning with the most recent.
Humility of Mary Health Partners, a three-hospital system based in Youngstown, Ohio, and River Valley Health Partners in East Liverpool, Ohio, have signed a letter of intent to merge.
Nashville, Tenn.-based Hospital Corporation of America has decided to withdraw its lease proposals for West Jefferson Medical Center in Marrero, La., and East Jefferson General Hospital in Metairie, La., according to a Times-Picayune report.