Three experts discuss the various issues influencing the sale of community hospitals.
Transactions & Valuation Issues
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.
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.
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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.
Hospitals have been merging with greater frequency due to the challenging economics of healthcare. Most of these hospital transactions, as they are undisputedly pro-competitive, pass antitrust review by the Federal Trade Commission. Despite this and in light of our national…
In the wake of health reform, several health systems actively pursuing acquisitions have accumulated portfolios of non-core assets. These non-core assets fall into two categories: long-term care investments (skilled nursing facilities, assisted living facilities, and rehabilitation units) and ancillary outpatient…
The following hospital mergers, acquisitions and general transactions took place within the past week, beginning with the most recent.