Baystate Health in Springfield, Mass., has signed a letter of intent to acquire Palmer, Mass.-based Wing Memorial Hospital and Medical Centers, an affiliate of UMass Memorial Health Care in Worcester, Mass.
Transactions & Valuation Issues
Aspirus, based in Wausau, Wis., has signed an affiliation deal with Northstar Health System in Iron River, Mich.
Faxton St. Luke's Healthcare and St. Elizabeth Medical Center, both based in Utica, N.Y., are one step away from finalizing their merger, as both organizations are filing paperwork with federal regulatory agencies, according to an Evening Telegram report.
Health Quest, a three-hospital system based in LaGrangeville, N.Y., has placed a bid to acquire most assets of Saint Francis Hospital and Health Centers in Poughkeepsie, N.Y.
Nash Health Care Systems in Rocky Mount, N.C., has announced it will affiliate with Chapel Hill, N.C.-based UNC Health Care.
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The Illinois Health Facilities and Services Review Board approved Peoria, Ill.-based OSF HealthCare's acquisition of Kewanee (Ill.) Hospital, marking an end to the transaction process.
During a recent webinar, McGuireWoods partner Howard Feller, JD, and associate Holly Carnell, JD, discussed the antitrust implications of hospital mergers and joint ventures.
The Marion County (Fla.) Hospital District board has unanimously approved and signed a definitive agreement under which Naples, Fla.-based Health Management Associates would lease Munroe Regional Medical Center, a 421-bed public hospital in Ocala, Fla.
The Queen's Health Systems in Honolulu has signed a definitive affiliation agreement with North Hawaii Community Hospital in Kamuela.
The following hospital mergers, acquisitions and general transactions took place within the past week, beginning with the most recent.