New Orleans-based Ochsner Health System has been approved to manage the operations of Hancock Medical Center, a 47-bed, county-owned hospital in Bay St. Louis, Miss., according to a Sea Coast Echo report.
Transactions & Valuation Issues
Executives at Memorial Medical Center in Ludington, Mich., and Spectrum Health in Grand Rapids, Mich., have signed a definitive agreement that will turn MMC into an affiliate of Spectrum.
Baltimore-based University of Maryland Medical System has signed a contract with the parent company of Fort Washington (Md.) Medical Center — Oxon Hill, Md.-based Nexus Health — to take over the business development, management and operations of the 37-bed hospital…
The Louisiana State Civil Service Commission has approved the privatization of two public hospitals within Baton Rouge-based Louisiana State University Health Care Services Division, according to a report fromThe News-Star.
Surgical Care Affiliates filed for an initial public offering of up to $100 million in stock.
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Chester County Hospital and Health System in West Chester, Pa., officially became part of the University of Pennsylvania Health System in Philadelphia Wednesday.
Four Ohio health systems have joined forces to create Health Innovations Ohio, an independent organization that aims to create a fully integrated and aligned care model.
Preston Memorial Hospital in Kingwood, W.Va., has signed a letter of intent to affiliate with Mon Health System in Morgantown, W.Va.
Canton-Potsdam Hospital in Potsdam, N.Y., has announced plans to create a new two-hospital system — St. Lawrence Health System — that will continue the dissolving Gouverneur, N.Y.-based E.J. Noble Hospital's operations through a new entity, Gouverneur Hospital.
Vibra Healthcare in Mechanicsburg, Pa., has completed through an affiliate the $165.8 million purchase of 14 long-term acute-care hospitals containing 1,002 licensed beds from Louisville, Ky.-based Kindred Healthcare.