The board of directors of Clyde, N.C.-based MedWest voted last week to "explore alignment with a capital partner" for the three-hospital system, currently managed by Charlotte, N.C.-based Carolinas HealthCare System, according to a report by the Sylva Herald.
Transactions & Valuation Issues
Memorial Hospital in Belleville, Ill., has broken ground on the $128 million Memorial Hospital-East in Shiloh, Ill., according to a Belleville News-Democrat report.
Four of the Department of Veterans Affairs' largest medical facility construction projects have significant cost increases and time delays, according to U.S. Government Accountability Office reports from April 4 and May 7.
Franklin, Tenn.-based Capella Healthcare is pursuing a 50-year lease agreement of county-owned OCH Regional Medical Center in Starkville, Miss., according to a Commercial Dispatch report.
The privatization plan surrounding Baton Rouge-based Louisiana State University Health Care Services Division and LSU Health – Shreveport is entering choppy water, as outsourcing contracts for three of the hospitals will use up 94 percent of the plan's dollars, according…
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Executives at Dallas-based Baylor Health Care System and Temple, Texas-based Scott & White Healthcare have established a June 30 target date to close on their proposed merger, according to a Dallas Business Journal report.
Lebanon, N.H.-based Dartmouth-Hitchcock Medical Center and New London (N.H.) Hospital have submitted their affiliation agreement to the state attorney general's office, two months after hospital officials had said they'd hoped to ink the deal and send it for regulatory review,…
Barnabas Health, based in West Orange, N.J., and Jersey City (N.J.) Medical Center have signed a definitive agreement in which JCMC would become part of the Barnabas system.
The following hospital mergers, acquisitions and general transaction news took place within the past week, beginning with the most recent.
Fairview Southdale Hospital in Minneapolis announced a $39 million expansion to its current emergency department.