Allegheny Health Network in Pittsburgh and Baltimore-based Johns Hopkins Medicine have signed a memorandum of understanding to create a formal affiliation between Allegheny and the Johns Hopkins Kimmel Cancer Center.
Transactions & Valuation Issues
Franklin, Tenn.-based Community Health Systems received major approval from the Federal Trade Commission yesterday to acquire competitor Health Management Associates in Naples, Fla.
Orlando (Fla.) Health and University of Florida Health in Gainesville have partnered to create a comprehensive cancer care program, according to a Jacksonville Business Journal report.
North Shore-LIJ Health System in Great Neck, N.Y., and Boca Raton (Fla.) Regional Hospital — two providers situated more than 1,000 miles apart — have signed a three-year affiliation agreement.
The Federal Trade Commission has released revised thresholds for determining whether companies must notify federal antitrust authorities about a transaction under the Hart-Scott-Rodino Antitrust Improvements Act.
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The Natchez (Miss.) Regional Medical Center board has received an offer for the purchase of the hospital, according to a Natchez Democrat report.
The following hospital mergers, acquisitions and general transactions took place within the past week, beginning with the most recent.
Dartmouth-Hitchcock in Lebanon, N.H., and Mt. Ascutney Hospital and Health Center in Windsor, Vt., have signed an affiliation agreement, building off an existing management services agreement.
Northstar Healthcare announced the acquisition of ownership interests in an urgent care center and two imaging centers in Houston.
Boston-based Partners HealthCare System has refuted a report from the Massachusetts Health Policy Commission saying the company's acquisition of South Shore Hospital in Weymouth, Mass., would increase healthcare costs, according to a Boston Globe report.