The Jefferson Parish Council unanimously voted yesterday to allow the two public hospitals in its district to be privatized, according to a report from The Advocate.
Transactions & Valuation Issues
Franklin, Tenn.-based Community Health Systems, Nashville, Tenn.-based Hospital Corp. of America and Brentwood, Tenn.-based LifePoint Hospitals have all expressed interest in buying Health Management Associates, according to an exclusive Reuters report.
Dallas-based Tenet Healthcare Corp.'s pending acquisition of Emanuel Medical Center in Turlock, Calif., is currently in limbo because the Federal Trade Commission is examining the competition in the area, according to a Modesto Bee report.
Bowie (Texas) Memorial Hospital is looking to lease or sell its facility and has sent out a request for proposal to nine hospitals and health systems, according to a KFDX report.
St. Joseph's Hospital Health Center in Syracuse, N.Y., and Livonia, Mich.-based CHE Trinity Health have signed a nonbinding letter of intent to affiliate, according to a Post-Standard report.
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Sacred Heart Hospital, the troubled for-profit hospital in Chicago that closed last week, had a potential buyer that could have prevented it from closing, according to a Chicago Sun-Times report.
The Rhode Island Department of Health recently called on leaders from Ontario, Calif.-based Prime Healthcare Services and Landmark Medical Center in Woonsocket, R.I., to explain how their proposed transaction would succeed, according to a Providence Journal report.
Four major providers are in the running to acquire public-owned Citrus Memorial Hospital in Inverness, Fla. — Nashville, Tenn.-based Hospital Corp. of America, Naples, Fla.-based Health Management Associates, Brentwood, Tenn.-based RegionalCare Hospital Partners and Tampa (Fla.) General Hospital, according to…
Saint Vincent Health System, based in Erie, Pa., has officially merged into Allegheny Health Network, the integrated delivery system operated by Pittsburgh-based health insurer Highmark.
Jamestown (N.D.) Regional Medical Center announced it has partnered with Sanford Health, based in Sioux Falls, S.D., and Fargo, N.D., to strengthen its health IT capabilities.