Brockton, Mass.-based Signature Healthcare has signed off on its partnership between its Brockton Hospital and Beth Israel Deaconess Medical Center in Boston, according to a report by Enterprise News.
Transactions & Valuation Issues
Terms of a proposed lease of Paynesville (Minn.) Area Health Care System by St. Cloud, Minn.-based CentraCare Health gained attention at a Paynesville board meeting, according to a report by the St. Cloud Times.
A new for-profit hospital company is making its way into New Jersey, as Santa Ana, Calif.-based Prospect Medical Holdings and Perth Amboy, N.J.-based Raritan Bay Medical Center have signed a nonbinding letter of intent to join.
Lebanon, Pa.-based Good Samaritan Health System announced it is seeking proposals from other health systems to form a strategic alliance.
Mishawaka, Ind.-based Franciscan Alliance announced it is accepting prospective partners to acquire or form a joint venture with Franciscan St. James Health, a health system with hospitals based in Chicago Heights, Ill., and Olympia Fields, Ill., and hopes to enter…
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Amidst leadership shuffling and uncertainty among shareholders, speculation is rising that Naples, Fla.-based Health Management Associates may consider selling itself to another entity, according to a Bloomberg report.
The City Council of Ashland, Ore., unanimously voted to approve Medford, Ore.-based health system Asante's takeover of Ashland Community Hospital, closing a two-year negotiation process, according to a report by the Mail Tribune.
Chicago-based Presence Health has plans to expand its footprint in Illinois, as the Catholic health system has signed a letter of intent to form an affiliation with Iroquois Memorial Hospital in Watseka, Ill.
Grenada (Miss.) Lake Medical Center board members met Monday with officials from Jackson-based University of Mississippi Medical Center to discuss a lease proposal, according to a report by the Grenada Star.
Kingwood (Texas) Medical Center is planning to complete a $71 million expansion project by 2014, according to a report by The Tribune.