Knoxville, Tenn.-based Covenant Health and the Claiborne County Commission have signed a letter of intent for Covenant to run Claiborne County Hospital in Tazewell, Tenn., along with its ambulance service and 100-bed nursing home, according to a Claiborne Progress report.
Transactions & Valuation Issues
The Henderson County Board of Commissioners in Hendersonville, N.C., has unanimously voted to finalize an extension of the management agreement between Chapel Hill, N.C.-based UNC Health Care System and Pardee Hospital in Hendersonville, N.C., to 25 years, according to a…
Highlands-Cashiers Hospital in Highlands, N.C., has finalized a nonbinding memorandum of understanding to become a member of Asheville, N.C.-based Mission Health, the state's sixth-largest health system.
Two small community hospitals in northwest Washington state — Skagit Valley Hospital in Mount Vernon and Cascade Valley Hospital and Clinics in Arlington — have voted to begin affiliation negotiations with Vancouver, Wash.-based PeaceHealth.
Scottsdale (Ariz.) Healthcare and John C. Lincoln Health Network in Phoenix have signed a definitive agreement to combine, creating a new nonprofit system called Scottsdale Lincoln Health Network.
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Nashville, Tenn.-based Hospital Corp. of America is outbidding its closest rival by more than $100 million in the competition to take over two Louisiana public hospitals, according to a report from The Advocate.
Franklin, Tenn.-based Community Health Systems and Sharon (Pa.) Regional Health System have signed a nonbinding letter of intent, which would add Sharon Regional to CHS' hospital network.
Allina Health, based in Minneapolis, will fully acquire Regina Medical Center in Hastings, Minn. More than a year after entering the due diligence phase of a proposed asset purchase agreement, Franklin, Tenn.-based Capella Healthcare and Chesterfield, Mo.-based Mercy discontinued…
The Unicoi County Commission in Erwin, Tenn., has unanimously approved the sale of Unicoi County Memorial Hospital to Johnson City, Tenn.-based Mountain States Health Alliance, according to a Johnson City Press report.
The following hospital mergers, acquisitions and general transactions took place within the past week, beginning with the most recent.