The Tennessee attorney general's office has delayed its decision on whether to approve the sale of Unicoi County Memorial Hospital in Erwin, Tenn., to Johnson City, Tenn.-based Mountain States Health Alliance, citing concerns regarding open meetings laws and a lack…
Transactions & Valuation Issues
The Southeast Volusia Hospital District has entered exclusive negotiations to sign a letter of intent for Naples, Fla.-based for-profit chain Health Management Associates to lease management of Bert Fish Medical Center in New Smyrna Beach, Fla.
The Queen's Health Systems in Honolulu and North Hawaii Community Hospital in Kamuela have signed an agreement to explore an affiliation.
Greenville (S.C.) Health System and Laurens County Health Care System in Clinton, S.C., have ended nine-month negotiations, as the two organizations have signed a deal to affiliate.
Lahey Health in Burlington, Mass., is expanding its reach further in the state, as it has signed a letter of intent to affiliate with Winchester (Mass.) Hospital.
The Vatican has approved Catholic-based Mercy Health System in Portland, Maine, to sell its assets to Eastern Maine Healthcare Systems based in Bangor, according to a report by The Forecaster.
The University of Michigan Health System, based in Ann Arbor, announced it has signed an affiliation agreement with Midland, Mich.-based MidMichigan Health, granting UMHS a minority ownership interest in MidMichigan in exchange for limited branding rights.
So far in 2013, the rate of mergers, acquisitions and general transactions in the hospital industry has continued where the previous half-decade left off. However, yesterday's announcement that Dallas-based Tenet Healthcare Corp. will purchase Nashville, Tenn.-based Vanguard Health Systems is…
Whispers have surfaced that Eastern Connecticut Health Network, a two-hospital system based in Manchester, may sell its assets to one of two for-profit hospital operators, according to a Hartford Business Journal report.
The following hospital mergers, acquisitions and general transaction news took place within the past week, beginning with the most recent.