At the Becker's Hospital Review Annual Meeting in Chicago on May 9, Dean Thomas, vice president of clinical service lines for Scottsdale (Ariz.) Healthcare, and Robert Minkin, senior vice president with The Camden Group, discussed key considerations for co-management arrangements…
Transactions & Valuation Issues
Massachusetts public health officials granted a license to Massachusetts General Hospital in Boston to acquire Northampton, Mass.-based Cooley Dickinson Hospital, according to a report by the Boston Globe.
The city council of El Centro, Calif., voted to hire a consulting firm to evaluate the benefits of a potential sale, lease or affiliation of California's last city-owned El Centro Regional Medical Center, according to a report by the Imperial…
Discussions have died for a proposed merger between Valhalla, N.Y.-based Westchester Medical Center and New Rochelle, N.Y.-based Sound Shore Medical Center, according to a report by the Journal News.
Although Morehead Memorial Hospital in Eden, N.C., faces a $1.4 million operating deficit, CEO Carl Martin said there are no immediate plans to sell the hospital, according to a News & Record report.
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Middle-market transactions in the healthcare sector are expected to accelerate this year versus last year, according to a report by KPMG.
The leaders of University of Pittsburgh Medical Center and Altoona (Pa.) Regional Medical Center announced they expect to complete a merger by July 1, ending two years of discussions, according to a report by the Altoona Mirror.
Since announcing in January it had begun "information gathering" for a possible merger, Arlington Heights, Ill.-based Northwest Community Healthcare issued a memo to its medical staff that the board voted against a partnership, according to a report by Crain's Chicago…
The following hospital mergers, acquisitions and general transaction news took place within the past week, beginning with the most recent.
Nashville, Tenn.-based Vanguard Health Systems and Greater Waterbury (Conn.) Health Network have ratified a deal that will set up a joint venture between the two systems, according to a Republican American report.