County supervisors for Natchez (Miss.) Regional Medical Center will hold a public hearing Wednesday seeking feedback on the proposed sale of the hospital, according to a Natchez Democrat report.
Transactions & Valuation Issues
The following hospital mergers, acquisitions and general transactions took place within the past week, beginning with the most recent.
Franciscan Health System in Tacoma, Wash., has completed its acquisition of Harrison Medical Center in Bremerton, Wash.
Officials and Erlanger Health System in Chattanooga, Tenn., and Hutcheson Medical Center in Oglethorpe, Ga., were unable to agree to a new lease agreement, according to a Times Free Press report.
Washington, D.C.'s struggling United Medical Center is seeking a partnership with a private sector hospital chain, according to a Washington Business Journal report.
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Manchester-based Eastern Connecticut Health Network has signed a nonbinding letter of intent to merge with Nashville, Tenn.-based Vanguard Health Systems and Yale New Haven (Conn.) Health System.
Coral Gables, Fla.-based Baptist Health South Florida and The Medical Center at Ocean Reef in Key Largo, Fla., have entered into an agreement for Baptist to provide support services to Ocean Reef.
The global healthcare sector will have significant capacity for mergers and acquisitions over the next year, with net debt–to-EBITDA ratios expected to fall by 54 percent over the next year, according to a report from audit, tax and advisory firm…
Arise Healthcare in Austin, Texas, has completed the resyndication process for its purchase of Austin Surgical Hospital's assets, according to a report from Community Impact Newspaper.
Deerfield Beach, Fla.-based Frontier Hospitals has purchased Lake Whitney (Texas) Medical Center, which was recently in danger of closing, according to a Dallas Morning News report.