California Attorney General Kamala Harris has approved a proposed merger between Whittier, Calif.-based PIH Health and Downey (Calif.) Regional Medical Center.
Transactions & Valuation Issues
UnityPoint Health – St. Luke's in Sioux City, Iowa, and Cherokee (Iowa) Regional Medical Center have signed an agreement to affiliate, according to a Cherokee Chronicle Times report.
Cabell Huntington (W.Va.) Hospital and Pleasant Valley Hospital in Point Pleasant, W.Va., have begun exclusive discussions concerning a partnership.
A group of physicians at Long Island College Hospital in Brooklyn, N.Y., are reportedly in talks with a management company that would take over the beleaguered hospital's operations, according to a New York Times report.
Franklin, Tenn.-based Community Health Systems and Cleveland Clinic have entered into exclusive negotiations concerning a joint venture purchase of certain Akron (Ohio) General Health System assets.
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Hutcheson Medical Center in Fort Oglethorpe, Ga., and Chattanooga, Tenn.-based Erlanger Health System have decided to end their partnership, according to a Chattanooga Times Free Press report.
The structure and scope of the healthcare industry continues to change in response to healthcare reform and general market trends. One visible result of these changes is that hospitals are merging and independent practices are being acquired or forming associations…
Naples, Fla.-based Health Management Associates has signed a letter of intent with the Southeast Volusia Hospital District to enter into a long-term lease with Bert Fish Medical Center in New Smyrna Beach, Fla.
St. Joseph's Hospital in Highland, Ill., announced the opening of its $63 million replacement facility in Highland.
Madison (S.D.) Community Hospital has broken ground on a $36.8 million replacement facility, according to a Madison Daily Leader report.