Two hospitals within Irving, Texas-based Christus Health have officially joined the Houston Methodist system.
Transactions & Valuation Issues
Overall healthcare merger and acquisition volume decreased 9 percent year-over-year to 281 deals in the fourth quarter of 2013, according to a report from Irving Levin Associates.
PeaceHealth, based in Vancouver, Wash., and Ilwaco, Wash.-based Ocean Beach Hospital and Medical Clinics will begin discussions about expanding their partnership, according to a report from The Daily News.
The following hospital mergers, acquisitions and general transactions took place within the past week, beginning with the most recent.
Issues stemming from a long government review have forced St. Louis-based Ascension Health and HCA Midwest Health System in Kansas City, Mo., to call off the sale of two hospitals.
Santa Clara (Calif.) County is reportedly interested in acquiring two hospitals from Daughters of Charity Health System, according to a San Jose Mercury News report.
Broadwater Health Center, a troubled critical access hospital in Townsend, Mont., is in the initial stages of discussing a possible partnership with Billings (Mont.) Clinic, according to a Helena Independent Record report.
Two prominent health systems located throughout the northern and western suburbs of Chicago — Winfield, Ill.-based Cadence Health and Rockford (Ill.) Health System — have ended merger discussions.
The hospital industry is in the middle of an uptick in mergers and acquisitions, as thousands of organizations seek to adapt to the shifting U.S. healthcare system, according to Jordan Shields, vice president of Juniper Advisory, an investment bank that…
Bogalusa (La.) Medical Center, part of Baton Rouge-based Louisiana State University Health Care Services Division, will become Our Lady of the Angels Hospital under a partnership agreement with the Franciscan Missionaries of Our Lady Health System, also based in Baton…