Various legal experts testified before House lawmakers during a hearing Thursday concerning the recent rise in healthcare provider consolidation, with some calling for strict antitrust enforcement and oversight while others defended consolidation as a necessary step toward improving quality and…
Transactions & Valuation Issues
The board of directors at Corcoran (Calif.) District Hospital has unanimously voted to sell the hospital's rural health clinic to Roseville, Calif.-based Adventist Health, though the hospital itself no longer provides inpatient or emergency department services, according to a Hanford…
Daughters of Charity Health System, a six-hospital health system based in Los Altos Hills, Calif., has told the San Francisco Business Times it is currently still independent from Ascension Health Alliance, despite reports last year the system intended to merge…
The board of directors at Metro Health, based in Wyoming, Mich., has decided to "explore a strategic equity partnership" with Franklin, Tenn.-based Community Health Systems and Cleveland Clinic.
In a letter to community members, El Centro (Calif.) Regional Medical Center CEO David Green said the 165-bed, city-owned hospital has narrowed its list of "several" potential affiliation partners.
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Executives with Houston Methodist and Christus Health in Irving, Texas, have signed a letter of intent, in which Houston Methodist would acquire majority ownership of two Christus hospitals located just outside Houston.
Ontario, Calif.-based Prime Healthcare Services' proposed purchase of Landmark Medical Center in Woonsocket, R.I., has received approval from a subcommittee of the Rhode Island Department of Health advisory council, according to a Providence Journal report.
SCL Health System and its primary hospital, Exempla Saint Joseph Hospital, both based in Denver, have signed a letter of intent to create a joint venture with one of the leading respiratory hospitals in the country.
Providence Health & Services, Southern California and SCL Health System in Denver have nailed down a definitive agreement in which Providence will acquire Saint John's Health Center in Santa Monica, Calif.
Rutherford Regional Health System in Rutherfordton, N.C., and Duke LifePoint Healthcare in Brentwood, Tenn., have signed a nonbinding memorandum of understanding to form a joint venture.