Partners HealthCare in Boston and Hallmark Health System in Melrose, Mass., have signed a memorandum of understanding to create a new regional affiliation centered around coordinated care and population health.
Transactions & Valuation Issues
Santa Fe Springs, Calif.-based College Health Enterprises has purchased Pacific Hospital of Long Beach (Calif.), now named College Hospital of Long Beach, according to an Orange County Register report.
Robert Wood Johnson University Hospital in New Brunswick, N.J., and Somerset Medical Center in Somerville, N.J., have signed a definitive merger agreement.
To say the healthcare merger and acquisition market is vibrant may be an understatement.
Health Management Associates, based in Naples, Fla., has signed a definitive agreement with Lexington, Ky.-based Appalachian Regional Healthcare to sell Williamson (W.Va.) Memorial Hospital, Health Management's only hospital in West Virginia, according to a Williamson Daily News report.
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Effective Oct. 1, New London (N.H.) Hospital became an affiliate of Lebanon, N.H.-based Dartmouth-Hitchcock.
The following hospital mergers, acquisitions and general transactions took place within the past week, beginning with the most recent.
IPC The Hospitalist Company, based in North Hollywood, Calif., has acquired Greater Orlando Hospitalists, P.A., an acute-care hospitalist practice based in Altamonte Springs, Fla.
Executives at Lehigh Valley Health Network and Westfield Hospital, both in Allentown, Pa., have signed an asset purchase agreement, in which LVHN will buy Westfield Hospital and convert it into an orthopedic center.
Arise Healthcare in Austin, Texas, completed the resyndication process for its purchase of Austin Surgical Hospital’s assets. Coral Gables, Fla.-based Baptist Health South Florida and The Medical Center at Ocean Reef in Key Largo, Fla., entered into an agreement for…