Appalachian Regional Healthcare, based in Lexington, Ky., plans to close Williamson (W.Va.) Memorial Hospital after acquiring it, according to a Charleston Gazette report.
Transactions & Valuation Issues
Salem (Ore.) Health has received offers from seven different healthcare organizations to partner or merge, according to a Statesman Journal report.
Partnerships and acquisition opportunities seem to be a common tie between four hospital and heath system CEOs, even though they are from organizations of different sizes and scopes.
Three experts discuss the various issues influencing the sale of community hospitals.
Rhode Island Superior Court Judge Michael Silverstein will hold a hearing later this month concerning Ontario, Calif.-based Prime Healthcare Services' purchase of Landmark Medical Center in Woonsocket, R.I., according to a Providence Journal report.
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At the Becker's Hospital Review 5th Annual CEO Strategy Roundtable on Nov. 14, 2013, industry experts discussed the future of independent community hospitals and various options for survival as healthcare continues to change.
St. Francis Hospital, a 376-bed community hospital based in Columbus, Ga., agreed to become a member of the Mayo Clinic Care Network.
Baptist Health in Little Rock, Ark., and Hot Spring County Medical Center in Malvern, Ark., have entered into a long-term lease agreement, effective Jan. 1, 2014.
Geisinger Health System in Danville, Pa., and AtlantiCare in Atlantic City, N.J., have signed a letter of intent to partner.
Executives at Richmond University Medical Center in Staten Island, N.Y., have disclosed that they are in partnership talks with Maimonides Medical Center in Brooklyn, N.Y., according to a Staten Island Advance report.