The board of Rehoboth McKinley Christian Health Care Services in Gallup, N.M., has approved a joint venture in which the University of New Mexico, UNM Health Sciences Center in Albuquerque and LHP Hospital Group in Plano, Texas, will become its…
Transactions & Valuation Issues
The following hospital mergers, acquisitions and general transactions took place within the past week, beginning with the most recent.
J.C. Blair Memorial Hospital, based in Huntingdon, Pa., has extended its confidentiality and exclusivity agreement concerning negotiations with Harrisburg, Pa.-based PinnacleHealth by 60 days.
Three hospitals in Washington state — Cascade Valley Hospital in Arlington, Island Hospital in Anacortes and Skagit Valley Hospital in Mount Vernon—plan to mail out information and hold a public meeting to raise awareness of their joint search for a…
Baptist Health Care, a four-hospital system based in Pensacola, Fla., has joined the Mayo Clinic Care Network.
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Mission Health, based in Asheville, N.C., and Rutherfordton, N.C.-based Rutherford Regional Health System have mutually agreed to terminate their nonbinding memorandum of understanding for RRHS to become a member of Mission Health.
Fredericksburg, Texas-based Hill County Memorial will pass over operations of its Community Medical Center to Frontera Healthcare Network in order to expand CMC's offerings, according to a Mason County News report.
The Unicoi County Memorial Hospital Board of Control in Erwin, Tenn., has unanimously voted to accept a proposal from Johnson City, Tenn.-based Mountain States Health Alliance to acquire the public-owned hospital, according to a Johnson City Press report.
Downey Regional Medical Center, based in Downey, Calif., announced that it has entered into an agreement with Whittier, Calif.-based PIH Health to manage its day-to-day operations.
Nashville, Tenn.-based Hospital Corp. of America and Franklin, Tenn.-based IASIS Healthcare have signed a definitive agreement, in which HCA will buy the three hospitals IASIS owns in Florida.