The following hospital mergers, acquisitions and general transactions took place within the past week, beginning with the most recent.
Transactions & Valuation Issues
Effective last week, Memorial Hospital in Fremont, Ohio, became an affiliate with Toledo, Ohio-based ProMedica.
Chilton Hospital in Pompton Plains, N.J., has completed its merger with Atlantic Health System, based in Morristown, N.J.
Regulatory officials have officially approved the affiliation between West Des Moines, Iowa-based UnityPoint Health and Madison, Wis.-based Meriter Health Services.
Passavant Area Hospital in Jacksonville, Ill., has agreed to affiliate with Memorial Health System, based in Springfield, Ill.
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Effective this past Wednesday, E.J. Noble Hospital in Gouverneur, N.Y., officially became Gouverneur Hospital.
Phoenix-based Banner Health has signed a deal to acquire Casa Grande (Ariz.) Regional Medical Center.
Prime Healthcare Services, an Ontario, Calif.-based for-profit hospital operator, has completed its deal to purchase Landmark Medical Center in Woonsocket, R.I.
During the past year, healthcare consolidation continued at a rapid pace, and "mega-mergers" brought big changes for the hospital market. Here are 10 of the most-read stories on hospital transactions from 2013.
Northern Westchester Hospital in Mt. Kisco, N.Y., is looking for a new partner, according to a Bedford-Katonah Patch report.