In a move that would halt a Midwest mega-merger, the University of Minnesota has indicated it would like to purchase Minneapolis-based Fairview Health Services, according to a Star Tribune report.
Transactions & Valuation Issues
The evolving healthcare landscape has led to a new hospital partnership in Georgia, as Memorial Health in Savannah and Evans Memorial Hospital in Claxton announced they are joining forces.
Massachusetts hospitals Beth Israel Deaconess, based in Boston, and Lahey Health, based in Burlington, announced they have entered affiliation talks, according to a report by the Boston Globe.
Naperville, Ill.-based Edward Hospital & Health Services and Elmhurst (Ill.) Memorial Healthcare are one step closer to creating its integrated health system, as the systems signed a definitive merger agreement.
Englewood, Colo.-based Catholic Health Initiatives and Vancouver, Wash.-based PeaceHealth have agreed to suspend their discussions after signing a non-binding agreement with intent to affiliate in August 2012.
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Asheville, N.C.-based health systems CarePartners Health Services and Mission Health announced they have entered into a nonbinding memorandum of understanding in which CarePartners will become an affiliated member of Mission Health.
Boston-based Massachusetts General Hospital's plan to acquire Northampton, Mass.-based Cooley Dickinson Hospital was discussed at a public hearing as a step to determine whether a certificate of need would be issued, according to a report by The Republican.
Oak Brook, Ill.-based Advocate Health Care has made a nonbinding pledge to invest $200 million over five years into Elgin, Ill.-based Sherman Health, which signed a letter of intent to merge with Advocate in October 2012, according to a report…
Naples, Fla.-based Health Management Associates announced it has officially launched its joint venture partnership with Bayfront Health System in St. Petersburg, Fla.
South Georgia Medical Center, based in Valdosta, Ga., fully unrolled its affiliation with Berrien County Hospital in Nashville, Ga., at a ribbon cutting ceremony to commemorate SGMC's October 2012 purchase of the 63-bed community hospital and a walk-in clinic.