The University of Michigan Health System in Ann Arbor and Allegiance Health in Jackson, Mich., have signed a letter of intent to affiliate.
Transactions & Valuation Issues
A physician-led turnaround company based in Wichita, Kan., Galichia Hospital Group, has taken over the management and operations of Kentuckiana Medical Center in Clarksville, Ind.
Waukesha, Wis.-based ProHealth Care has signed an agreement to add all of its physicians, facilities and services to Madison, Wis.-based Dean Health Plan's insurance network, effective Dec. 1.
Milwaukee-based Aurora Health Care has signed a letter of intent with Bay Area Medical Center in Marinette, Wis., to explore a partnership, according to a report from The Business Journal.
Hospital transactions from month of December 2013. Bay Area Medical Center in Marinette, Wis., decided to enter into negotiations concerning a potential strategic minority partnership with Milwaukee-based Aurora Health Care. Dallas-based Baylor Health Care System and Temple, Texas-based Scott &…
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Bristol-Myers Squibb Children's Hospital at Robert Wood Johnson University Hospital in New Brunswick, N.J., has opened its new $11.5 million surgical unit, according to a report by The Star-Ledger.
Nine Nebraska hospitals have agreed to form a provider network with the aim of reducing costs, according to an Omaha World-Herald report.
Medical West Hospital in Bessemer, Ala., has begun a $15 million renovation, according to a Birmingham Business Journal report.
The following hospital mergers, acquisitions and general transactions took place within the past week, beginning with the most recent.
CVS Caremark has entered an agreement to acquire the specialty infusion services of Coram from Lake Forest, Calif.-based Apria Healthcare Group for roughly $2.1 billion.