The New York State Department of Health has approved New York City-based Montefiore Medical Center's certificate of need to purchase Sound Shore Health System, based in New Rochelle, N.Y., according to a Journal News report.
Transactions & Valuation Issues
Novant Health in Winston-Salem, N.C., and Spartanburg (S.C.) Regional Healthcare System have signed a letter of intent to work together within Novant Health Shared Services.
A new report from Moody's Investors Service forecasts for-profit hospital consolidation activity as providers adapt to the changing industry.
Englewood, Colo.-based Catholic Health Initiatives and the Texas Heart Institute in Houston have signed a letter of intent to work toward a partnership. Catholic Health Partners in Cincinnati, Columbus-based Mount Carmel Health System, Akron-based Summa Health System and University Hospitals in Cleveland joined…
Blue Cross & Blue Shield of Mississippi has said it will once again treat four of 10 Mississippi hospitals owned by Naples, Fla.-based Health Management Associates as in-network providers, according to a report from The Clarion-Ledger.
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Livonia, Mich.-based CHE Trinity Health and St. Joseph's Hospital Health Center in Syracuse, N.Y., have decided to not move forward with their proposed affiliation.
The following hospital mergers, acquisitions and general transactions took place within the past week, beginning with the most recent.
Mayors of cities in Rankin County, Miss., have expressed concern the spat between Naples, Fla.-based Health Management Associates and Blue Cross & Blue Shield of Mississippi could lead to hospital closings and leave residents without jobs, according to a report…
Novant Health, based in Winston-Salem, N.C., has added a fifth member hospital to Novant Health Shared Services: Liberty Regional Medical Center in Hinesville, Ga.
Other health insurers would be happy to step in if Blue Cross & Blue Shield of Mississippi decides to end its contracts permanently with 10 of Health Management Associates' hospitals, the Mississippi Association of Health Plans has told the Mississippi…