The University of Mississippi Medical Center in Jackson and Grenada (Miss.) Lake Medical Center have agreed to a 20-year lease, according to an Associated Press report.
Transactions & Valuation Issues
Executives at MedWest, a three-hospital system based in Clyde, N.C., said all three hospitals are still potentially looking to sell or merge, and one of its hospitals will have a public hearing next week regarding the matter, according to a…
Connecticut Gov. Dannel Malloy will meet with Bristol (Conn.) Hospital CEO Kurt Barwis Friday to discuss mergers between for-profit entities and nonprofit state hospitals, according to a report from The Hartford Business Journal.
University of California, San Francisco, Medical Center and Children's Hospital & Research Center Oakland (Calif.) have signed an affiliation agreement, according to a San Francisco Business Times report.
County supervisors for Natchez (Miss.) Regional Medical Center will hold a public hearing Wednesday seeking feedback on the proposed sale of the hospital, according to a Natchez Democrat report.
Advertisement
The following hospital mergers, acquisitions and general transactions took place within the past week, beginning with the most recent.
Franciscan Health System in Tacoma, Wash., has completed its acquisition of Harrison Medical Center in Bremerton, Wash.
Officials and Erlanger Health System in Chattanooga, Tenn., and Hutcheson Medical Center in Oglethorpe, Ga., were unable to agree to a new lease agreement, according to a Times Free Press report.
Washington, D.C.'s struggling United Medical Center is seeking a partnership with a private sector hospital chain, according to a Washington Business Journal report.
Manchester-based Eastern Connecticut Health Network has signed a nonbinding letter of intent to merge with Nashville, Tenn.-based Vanguard Health Systems and Yale New Haven (Conn.) Health System.