Scottsdale (Ariz.) Healthcare and Phoenix-based John C. Lincoln Health Network announced they have signed a letter of intent to merge and become Scottsdale Lincoln Health Network, expected to be completed by July 31.
Transactions & Valuation Issues
Four Pennsylvania state senators sent a letter to Gov. Tom Corbett, arguing the pending merger between Pittsburgh-based health insurer Highmark and West Penn Allegheny Health System could hurt small local hospitals if safeguards are not put in place, according to…
Tacoma, Wash.-based Franciscan Health System has finalized its acquisition of Burien, Wash.-based Highline Medical Center, which operates a 154-bed acute-care hospital, a specialty center and more than 20 clinics.
The Louisiana State University Board of Supervisors approved plans to lease Interim LSU Public Hospital, better known as University Hospital, in New Orleans and University Medical Center in Lafayette, La., to private operators as part of Gov. Bobby Jindal's initiative…
American Family Care, an operator of urgent care and primary care clinics based in Birmingham, Ala., has acquired Doctors Express, a national urgent care franchise, according to the Dallas Business Journal.
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Discussions regarding the acquisition of Bert Fish Medical Center in New Smyrna Beach, Fla., are advancing with two proposed Florida buyers, Daytona Beach-based Halifax Health and Naples-based Health Management Associates, according to a report by the News-Journal.
St. Luke's Episcopal Health System, a six-hospital system based in Houston, is reportedly shopping for a buyer, and three large health systems are in the running, according to a Houston Business Journal report.
The joint venture between Brentwood, Tenn.-based TriStar Health and urgent care center chain CareSpot has acquired NeighborMD, an urgent care provider.
Brentwood, Tenn.-based Duke LifePoint Healthcare increased its $138.7 million bid to operate Ocala, Fla.-based Munroe Regional Medical Center to match Shands/Health Management Associates' $200 million bid, according to a report by the Ocala Star Banner.
Yesterday, Elgin, Ill.-based Sherman Health and Oak Brook, Ill.-based Advocate Health Care signed an agreement to merge with an anticipated closing date of June 1, pending regulatory approval.