The Mount Sinai Medical Center and Continuum Health Partners, both based in New York City, have completed their merger and formed a new integrated health system called the Mount Sinai Health System.
Transactions & Valuation Issues
Bay Area Medical Center in Marinette, Wis., has decided to enter into negotiations concerning a potential strategic minority partnership with Milwaukee-based Aurora Health Care, according to an EagleHerald report.
Winchester (Mass.) Hospital has reached a formal affiliation agreement with Lahey Health in Burlington, Mass., according to a report from The Boston Globe.
The following hospital mergers, acquisitions and general transactions took place within the past week, beginning with the most recent.
East Alabama Medical Center in Opelika and Lanier Health Services, in Valley, Ala., have signed a letter of intent to merge.
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A Reuters report has sparked rumors of the potential sale of Franklin, Tenn.-based Capella Healthcare by private equity firm GTCR. Citing sources close to the matter, Reuters reports GTCR has hired Bank of America Merrill Lynch to seek a buyer…
The summer of 2013 was an eventful season for the for-profit hospital market. First, Dallas-based Tenet Healthcare Corp. agreed to buy Nashville, Tenn.-based Vanguard Health Systems in June in a transaction valued at $4.3 billion. Less than two months later,…
Worcester, Mass.-based UMass Memorial Health Care and Baystate Health in Springfield, Mass., have signed a nonbinding letter of intent to explore possible opportunities for collaboration.
Cincinnati-based Catholic Health Partners is restructuring a proposed deal to become a minority owner of Akron, Ohio-based Summa Health System in response to the Catholic Diocese of Cleveland's rejection of the strategic partnership, according to an Akron Beacon Journal report.
Cheshire Medical Center/Dartmouth-Hitchcock Keene (N.H.) and Dartmouth-Hitchcock have entered into negotiations to explore a "closer affiliation" from their current agreement.