In an effort to better coordinate care in Tennessee and Virginia, Nashville, Tenn.-based Vanderbilt University Medical Center and Johnson City, Tenn.-based Mountain States Health Alliance have signed an affiliation agreement.
Transactions & Valuation Issues
Halifax Regional Health System based in South Boston, Va., announced it has signed a definitive agreement to merge with Norfolk, Va.-based Sentara Healthcare, expected to be complete July 1.
Boston-based Beth Israel Deaconess Medical Center and Cambridge (Mass.) Health Alliance have signed a clinical and academic affiliation agreement and have also increased the scope of BIDMC's accountable care organization.
Pompton Plains, N.J.-based Chilton Health Network has signed a definitive merger agreement with Atlantic Health System, based in Morristown, N.J., according to a report by The Record.
Chapel Hill, N.C.-based UNC Health Care System announced it has completed a merger with Caldwell Memorial Hospital based in Lenoir, N.C., effective May 1.
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For-profit HCA Midwest Health System, a Kansas City, Mo.-based subsidiary of Hospital Corporation of America, will purchase Carondelet Health, a two-hospital system also based in Kansas City.
For-profit hospital systems in the United States continue to look to the merger and acquisition market to spend their cash because the Patient Protection and Affordable Care Act encourages — directly and indirectly — consolidation in the industry, according to…
One of the largest mergers in the hospital and health system industry is now complete, as Livonia, Mich.-based Trinity Health and Newtown Square, Pa.-based Catholic Health East closed their deal to create one of the country's biggest Catholic health systems.
Sierra Vista (Ariz.) Regional Health Center announced it completed a long-term operation lease agreement, effective today, with Brentwood, Tenn.-based RegionalCare Hospital Partners to operate a new 100-bed regional hospital.
The mayor of North Kansas City, Mo., and a majority of the city council members wrote to Gov. Jay Nixon in support of a bill that would require mutual agreement between the hospital, the city and the public before North…