Mississippi lawmakers passed a law allowing the University of Mississippi Medical Center based in Jackson to take over the county-owned Grenada (Miss.) Lake Medical Center, according to a report from the Clarion Ledger.
Transactions & Valuation Issues
The following hospital mergers, acquisitions and general transaction news took place within the past week, beginning with the most recent.
An unnamed potential buyer has approached Natchez (Miss.) Regional Medical Center, according to a report by the Natchez Democrat.
In the latest developments over the battle for authority to sell city-owned North Kansas City (Mo.) Hospital, state legislators passed an amendment, pending the governor's approval, making it more difficult to sell public hospitals, according to a report by the…
David C. Guth Jr. spent three decades as a non-profit behavioral health executive and observed many successful and non-successful mergers during his career. His new book, "Strategic Unions: A Marriage Guide for Health Non-for-Profit Mergers," shares his observations on what…
Greater Hazleton (Pa.) Health Alliance and Lehigh Valley Health Network based in Allentown, Pa., have signed a merger agreement expected to be ratified May 1, pending regulatory approval.
Hospital merger and acquisition spending in the first quarter fell more than half a billion dollars since the first quarter of 2012, representing a 65.7 percent decline from $932.6 million to $319.7 million, according to a report by Levin Associates.
Chapel Hill, N.C.-based UNC Health Care System and Pardee Hospital in Hendersonville, N.C., have agreed to expand their management agreement by 15 years.
The board of trustees of Winter Haven (Fla.) Hospital have unanimously voted to approve a merger with Clearwater, Fla.-based BayCare Health System, according to a report by The Ledger.
Physicians from St. Luke's Episcopal Health System in Houston have filed a motion to halt the system's sale to Denver-based Catholic Health Initiatives, according to a Houston Business Journal report.