The following hospital mergers, acquisitions and general transactions took place within the past week, beginning with the most recent.
Transactions & Valuation Issues
Three healthcare organizations have agreed to participate in a "stalking horse" bidding process concerning the sale of Natchez (Miss.) Regional Medical Center, according to a Natchez Democrat report.
St. Vincent Health System in Little Rock, Ark., has reportedly offered to buy Mercy Hospital Hot Springs (Ark.), according to an Arkansas Business report.
Clifton Springs (N.Y.) Hospital & Clinic has entered into a partnership agreement with Rochester (N.Y.) General Health System.
Various legal experts testified before House lawmakers during a hearing Thursday concerning the recent rise in healthcare provider consolidation, with some calling for strict antitrust enforcement and oversight while others defended consolidation as a necessary step toward improving quality and…
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The board of directors at Corcoran (Calif.) District Hospital has unanimously voted to sell the hospital's rural health clinic to Roseville, Calif.-based Adventist Health, though the hospital itself no longer provides inpatient or emergency department services, according to a Hanford…
Daughters of Charity Health System, a six-hospital health system based in Los Altos Hills, Calif., has told the San Francisco Business Times it is currently still independent from Ascension Health Alliance, despite reports last year the system intended to merge…
The board of directors at Metro Health, based in Wyoming, Mich., has decided to "explore a strategic equity partnership" with Franklin, Tenn.-based Community Health Systems and Cleveland Clinic.
In a letter to community members, El Centro (Calif.) Regional Medical Center CEO David Green said the 165-bed, city-owned hospital has narrowed its list of "several" potential affiliation partners.
Executives with Houston Methodist and Christus Health in Irving, Texas, have signed a letter of intent, in which Houston Methodist would acquire majority ownership of two Christus hospitals located just outside Houston.