Cheshire Medical Center/Dartmouth-Hitchcock Keene (N.H.) and Dartmouth-Hitchcock have entered into negotiations to explore a "closer affiliation" from their current agreement.
Transactions & Valuation Issues
Tulare (Calif.) Regional Medical Center, a 112-bed public hospital, has begun a valuation process to find a lease or affiliation partner, according to a Visalia Times-Delta report.
Reports have surfaced that GTCR, a Chicago-based private equity firm that currently manages $8 billion in assets, is looking to sell Franklin, Tenn.-based Capella Healthcare.
Vibra Healthcare in Mechanicsburg, Pa., has completed the purchase of the final two hospitals under contract for sale in a deal with Louisville, Ky.-based Kindred Healthcare, according to a Central Penn Business Journal report.
The boards of directors of Rochester (N.Y.) General Health System and Unity Health System, also based in Rochester, have signed a merger agreement that will combine the two systems into one organization.
Advertisement
J.C. Blair Health System, based in Huntingdon, Pa., and Harrisburg, Pa.-based PinnacleHealth System have signed a nonbinding memorandum of understanding, a step forward in the two organizations' ongoing process of forming a partnership, according to a Central Penn Business Journal report.
Providence, R.I.-based CharterCare Health Partners and Santa Ana, Calif.-based Prospect Medical Holdings have signed a definitive asset purchase agreement to form a joint venture.
The new board of directors at Naples, Fla.-based Health Management Associates has taken steps to evaluate and move forward with the company's pending $7.6 billion merger with Franklin, Tenn.-based Community Health Systems.
Tampa (Fla.) General Hospital and the Florida Hospital Tampa Bay Network, a system of five Tampa-area acute-care hospitals, have signed an agreement to develop new clinical programs and services together.
The market for ancillary services providers' consolidation appears to be moving at a less rapid pace than the hospital consolidation market. Twice as many hospital mergers occurred last year than in 2009.1 Driving these mergers in the hospital market are…