IPC The Hospitalist Company, based in North Hollywood, Calif., has acquired Greater Orlando Hospitalists, P.A., an acute-care hospitalist practice based in Altamonte Springs, Fla.
Transactions & Valuation Issues
Executives at Lehigh Valley Health Network and Westfield Hospital, both in Allentown, Pa., have signed an asset purchase agreement, in which LVHN will buy Westfield Hospital and convert it into an orthopedic center.
Arise Healthcare in Austin, Texas, completed the resyndication process for its purchase of Austin Surgical Hospital’s assets. Coral Gables, Fla.-based Baptist Health South Florida and The Medical Center at Ocean Reef in Key Largo, Fla., entered into an agreement for…
In the midst of a wave of consolidation, some hospitals and health systems prefer to pool their resources while remaining independent.
Indianapolis-based St. Vincent Health and Monroe Hospital in Bloomington, Ind., have discontinued their management agreement, although they will maintain clinical affiliations, according to an Inside Indiana Business report.
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In 2012, Boston-based Partners HealthCare and Melrose, Mass.-based Hallmark Health System signed a memorandum of understanding to merge, and the two entities may be closing in on an agreement, according to a Melrose Free Press report.
Memorial Medical Center in Ludington, Mich., has officially integrated with Spectrum Health in Grand Rapids, Mich., and has become Spectrum Health Ludington Hospital.
Lakes Regional Healthcare in Spirit Lake, Iowa, has entered into an affiliation agreement with Sioux Falls, S.D.-based Avera Health.
Whittier, Calif.-based PIH Health has officially acquired Downey (Calif.) Regional Medical Center, which will now be known as PIH Health Hospital-Downey, according to a Whittier Daily News report.
Three Maryland hospital systems — Frederick (Md.) Regional Health System, Meritus Health in Hagerstown and Western Maryland Health System in Cumberland — have signed a letter of intent to create a regional collaboration focused on cost reduction and population health…