Coral Gables, Fla.-based Baptist Health South Florida and The Medical Center at Ocean Reef in Key Largo, Fla., have entered into an agreement for Baptist to provide support services to Ocean Reef.
Transactions & Valuation Issues
The global healthcare sector will have significant capacity for mergers and acquisitions over the next year, with net debt–to-EBITDA ratios expected to fall by 54 percent over the next year, according to a report from audit, tax and advisory firm…
Arise Healthcare in Austin, Texas, has completed the resyndication process for its purchase of Austin Surgical Hospital's assets, according to a report from Community Impact Newspaper.
Deerfield Beach, Fla.-based Frontier Hospitals has purchased Lake Whitney (Texas) Medical Center, which was recently in danger of closing, according to a Dallas Morning News report.
Winter Haven (Fla.) Hospital and Clearwater, Fla.-based BayCare Health System have completed due diligence, and the merger between the two organizations will go into effect Aug. 30.
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Cleveland Clinic and Toledo, Ohio-based ProMedica have signed a memorandum of understanding to form an affiliation.
Lakes Regional Healthcare in Spirit Lake, Iowa, has signed a letter of intent to consider a partnership with Sioux Falls, S.D.-based Avera Health.
The Washington State Department of Health will not review the proposed affiliation between Franciscan Health System in Tacoma and Harrison Medical Center in Bremerton after many had called for tougher scrutiny of state hospital transactions, according to a Seattle Times…
St. Vincent Hospital in Leadville, Colo., has signed an affiliation and services agreement with Englewood, Colo.-based Centura Health.
Portage Health in Hancock, Mich., has signed a definitive agreement to form a joint venture with Brentwood, Tenn.-based LifePoint Hospitals.