Memorial Health System and Southern Illinois University HealthCare, both based in Springfield, Ill., have formed a new partnership focused on improving healthcare access, quality, safety and outcomes.
Transactions & Valuation Issues
Appleton, Wis.-based ThedaCare and Berlin, Wis.-based Community Health Network have signed a letter of intent to affiliate.
Cleveland-based University Hospitals has signed a letter of intent to acquire Robinson Memorial Hospital in Ravenna, Ohio — the third such deal for UH in the past six months.
Executives at Penn State Milton S. Hershey (Pa.) Medical Center and PinnacleHealth in Harrisburg, Pa., have selected Cain Brothers to advise their pending affiliation.
Hospital merger and acquisition volume dropped in the fourth quarter of 2013, according to preliminary data released by Irving Levin Associates.
Nashville, Tenn.-based Hospital Corporation of America has signed a definitive agreement with Capella Healthcare in Franklin, Tenn., to acquire Grandview Medical Center in Jasper, Tenn.
Daughters of Charity Health System, a six-hospital network based in Los Altos Hills, Calif., is actively searching for a buyer.
Doctors' Memorial Hospital in Perry, Fla., and Tallahassee (Fla.) Memorial HealthCare have finalized an agreement creating an equal governance partnership.
Akron (Ohio) General Health System has ended exclusive negotiations with Cleveland Clinic and Franklin, Tenn.-based Community Health Systems on a proposed joint venture transaction, according to an Akron Beacon Journal report.
The following hospital mergers, acquisitions and general transactions took place within the past week, beginning with the most recent.