Two hospitals in the Chicago area are in talks to buy Roseland Hospital, a safety-net hospital in financial distress, according to a Crain's Chicago Business report.
Transactions & Valuation Issues
Naples, Fla.-based Health Management Associates has signed a letter of intent to lease Munroe Regional Medical Center, a 421-bed public hospital in Ocala, Fla.
Health system leaders shared details of a previous vague announcement of an alliance between Warner Robins, Ga.-based Houston Healthcare and Macon-based The Medical Center of Central Georgia, saying the two systems will partner in a formal affiliation while retaining their…
The Louisiana Civil Service Commission has approved the privatization plans of four public hospitals within Baton Rouge-based Louisiana State University just days after it rejected the same plan, according to a report from The Advocate.
St. Louis-based Ascension Health, the largest Catholic health system in the United States, completed its acquisition of Marian Health System, a Tulsa, Okla.-based provider with three regional health systems. Phoenix-based Banner Health added Arizona Regional Medical Center in Apache Junction,…
Two-hospital Houston Healthcare in Warner Robins, Ga., and The Medical Center of Central Georgia in Macon have created a strategic alignment.
Lexington, Ky.-based UK HealthCare and Huntington, W.Va.-based St. Mary's Medical Center have joined the Eastern Kentucky Healthcare Coalition, an integrated provider network formed last August that already includes three other hospitals, according to a report by the Floyd County Times.
The following hospital mergers, acquisitions and general transaction news took place within the past week, beginning with the most recent.
Fairview Hospital in Cleveland announced the opening of its new $83 million expansion, according to a report by The Chronicle-Telegram.
Victory Healthcare, a for-profit community medical center firm based in The Woodlands, Texas, will lease property to reopen and operate The Hospital at Craig Ranch, a 24-bed surgical hospital in McKinney, Texas.