WestCare Health System, based in Sylva, N.C., has decided to partner with Duke LifePoint Healthcare, a joint venture of Durham, N.C.-based Duke University Health System and Brentwood, Tenn.-based LifePoint Hosptials.
Transactions & Valuation Issues
Rush University Medical Center in Chicago has completed its acquisition of Rush Oak Park (Ill.) Hospital, completing a deal 15 years in the making.
Johnson City, Tenn.-based Mountain States Health Alliance expects its purchase of Unicoi County Memorial Hospital in Erwin, Tenn., to close Friday, according to a Johnson City Press report.
The Pennsylvania Department of Health and Pennsylvania Attorney General Kathleen Kane have given the go-ahead to the merger between Danville-based Geisinger Health System and Lewistown (Pa.) Hospital.
The number of healthcare organizations interested in a potential affiliation, joint venture or partnership with Tulare (Calif.) Regional Medical Center, a 112-bed public hospital, has dropped to four, according to a Visalia Times-Delta report.
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The following hospital mergers, acquisitions and general transactions took place within the past week, beginning with the most recent.
The Rhode Island Department of Health has approved Ontario, Calif.-based Prime Healthcare Services' purchase of Landmark Medical Center in Woonsocket, R.I.
Earlier this month, Lake Shore Health Care Center in Irving, N.Y., announced plans to close in January, but a company reportedly is willing to buy the 220-bed hospital, according to a Buffalo News report.
Gulf Coast Medical Center in Panama City, Fla., has signed a formal clinical affiliation agreement with Doctors Memorial Hospital in Bonifay, Fla.
A Jefferson Parish consulting firm has recommended East Jefferson General Hospital in Metairie, La., and West Jefferson Medical Center in Marrero, La., pursue different lessees, according to a report from The Times-Picayune.