Plano, Texas-based U.S. Renal Care announced it has formed a new outpatient joint venture with Pottstown (Pa.) Memorial Medical Center.
Transactions & Valuation Issues
Sauk Prairie Memorial Hospital & Clinics in Prairie du Sac, Wis., is planning a $68 million replacement hospital, according to Columbus-based Lancaster Pollard, an investment banking and mortgage banking firm that was responsible for structuring and funding the debt offering…
The board of Jackson Hospital in Marianna, Fla., unanimously voted against selling or leasing the public hospital to private operators, according to a report by the Jackson County Floridian.
Grand Rapids, Mich.-based Metro Health Hospital has plans for a $13.1 million outpatient surgical center, according to a Grand Rapids Business Journal report.
Four more facilities within Baton Rouge-based Louisiana State University Health Care Services Division and LSU Health – Shreveport are primed for private operators, as the LSU board of supervisors approved new takeover plans, according to an Advocate report.
Nor-Lea General Hospital in Lovington, N.M., is planning a $16 million expansion, according to an ABQ Journal report.
Two public hospitals just outside of New Orleans are looking for partners, and the short list has been whittled down to three potential organizations, according to a Times-Picayune report.
Although Detroit-based Henry Ford Health System and Royal Oak, Mich.-based Beaumont Health System are no longer looking to merge, each system may search for new, separate merger partners, according to a Crain's Detroit Business report.
The following hospital mergers, acquisitions and general transaction news took place within the past week, beginning with the most recent.
Capital Region Medical Center in Jefferson City, Mo., has announced the construction of a $35 million expansion project.