Two rival hospitals in Terre Haute, Ind., seeking to merge are the first to test the state's certificate of public advantage (COPA) law, The Washington Post reported July 3.
Transactions & Valuation Issues
While other publicly traded, for-profit health systems have reduced their hospital portfolios in recent years, Nashville, Tenn.-based HCA has grown.
UCSF Health and California Attorney General Rob Bonta have signed a cooperative settlement agreement to preserve key services and clear the way for the health system's $100 million acquisition of two San Francisco hospitals.
The proposed acquisition of Akron, Ohio-based Summa Health by Health Assurance Transformation Corp., or HATCo, is making progress, The Alliance Review reported July 2.
Kittanning, Pa.-based Armstrong County Memorial Hospital is officially affiliated with Pennsylvania Mountain Care Network.
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Liberty (Mo.) Hospital on July 1 officially joined the Kansas City-based University of Kansas Health System.
Federal Trade Commission Bureau of Competition Director Henry Liu called Novant Health's decision to call off its plan to acquire two hospitals from Community Health Systems "a win for consumers."
Catholic Medical Center, a 330-bed regional health system in Manchester, N.H., is pursuing a deal to join HCA Healthcare.
Bowling Green, Ky.-based Med Center Health has acquired Logan Memorial Hospital in Russellville, Ky., making it the health system's seventh hospital.
Morehead, Ky.-based St. Claire HealthCare has officially joined Lexington-based UK HealthCare, part of the University of Kentucky in Lexington.