The pending merger between Greensboro, N.C.-based Cone Health and Alamance Regional Medical Center in Burlington, N.C., is all but official now, as the Federal Trade Commission is expected to finalize the deal.
Transactions & Valuation Issues
Executives at Knoxville, Tenn.-based Covenant Health have sent a letter to the board of Claiborne County Hospital in Tazewell, Tenn., as well as the Claiborne County Commission, to express interest in running the 85-bed county-owned hospital, according to a Knoxville…
Public hearing attendees showed up in force to support the proposed affiliation of Weymouth, Mass.-based South Shore Hospital and Boston-based non-profit chain Partners HealthCare, according to a report by the Patriot Ledger.
While Woonsock, R.I.-based Landmark Medical Center's proposed buyer, Prime Healthcare Services, undergoes a federal investigation into its Medicare billing practices, the union representing the hospital's staff has reached a new potential buyout agreement with Hudson (N.J.) Holdco, according to a…
Fort Meyers, Fla.-based Lee Memorial Health System and Naples, Fla.-based Health Management Associates filed competing certificate of need applications to build a hospital in Florida's Lee County, according to a report by the Naples News.
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Potsdam, N.Y.-based Canton-Potsdam Hospital and Gouverneur, N.Y.-based E.J. Noble Hospital have finalized a management agreement under which CPH Vice President Marlinda LaValley will be named administrator at E.J. Noble, according to a report by the Watertown Daily Times.
After months of unstable management, St. Bernard Parish Hospital in Chalmette, La., will operate on its own and no longer require a third-party manager, according to a Times-Picayune report.
Executives at Brentwood, Tenn.-based LifePoint Hospitals and Fauquier Health in Warrenton, Va., have signed a memorandum of understanding to form a joint venture, as LifePoint continues an active hand in the hospital merger and acquisition market.
New negotiations to purchase Scott County Hospital in Oneida, Tenn., have begun, with a letter of intent to partner with Magee, Miss.-based Pioneer Health Services being circulated between the organizations' leaders, according to a report by WATE news in Knoxville.,…
The board of directors for Bell Hospital, located in Ishpeming, Mich., announced they have signed a letter of intent to be acquired by Brentwood, Tenn.-based for-profit chain LifePoint Hospitals.