Allina Health, based in Minneapolis, will fully acquire Regina Medical Center in Hastings, Minn., according to a Star Tribune report.
Transactions & Valuation Issues
Carolinas HealthCare System, based in Charlotte, N.C., has acquired full ownership of Stanly Health Services in Albemarle, N.C.
The board of Unicoi County Memorial Hospital has decided to re-examine two health systems' bids to acquire the public-owned hospital, according to a Johnson City Press report.
Mid-Columbia Medical Center in The Dalles, Ore., and Oregon Health & Science University in Portland will sign a letter of intent to affiliate for certain services.
The following hospital mergers, acquisitions and general transactions took place within the past week, beginning with the most recent.
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.
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.