Washington Gov. Jay Inslee (D) has directed the state Department of Health to update the certificate of need process for hospital mergers and affiliations.
Transactions & Valuation Issues
TeamHealth, a provider of physician staffing services based in Knoxville, Tenn., has acquired three emergency medicine groups in three states.
Inova Health System, based in Falls Church, Va., has entered into a strategic affiliation with Valley Health, a six-hospital system based in Winchester, Va.
Pennsylvania Attorney General Kathleen Kane said she will not take action against the recent merger between University of Pittsburgh Medical Center and Altoona (Pa.) Regional Health System, but she and her office will "monitor" the situation to ensure no residents…
CMS has granted preliminary approval for Lincoln County Healthcare, based in Boothbay Harbor, Maine, to merge its Boothbay critical access hospital, St. Andrews Hospital, into Miles Memorial Hospital located 30 minutes away in Damariscotta, Maine, while retaining its critical access…
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Elmhurst (Ill.) Memorial Healthcare and Edward Hospital & Health Services in Naperville, Ill., have announced the appointed leaders of their newly merged system, finalized Monday after signing a definitive agreement in April.
Baltimore-based University of Maryland Medical System has finalized the affiliation of two of its member systems, Chester River Health System in Chestertown, Md., and Shore Health System in Cambridge, Md., according to a Dorchester Banner report.
Effective July 1, Partners HealthCare and its Massachusetts General Hospital, both based in Boston, have closed their transaction with Cooley Dickinson Hospital in Northampton, Mass., making Cooley Dickinson an affiliate hospital.
Cleveland-based University Hospitals and Parma (Ohio) Community General Hospital have signed a letter of intent to merge, making it the second transaction in the past two weeks for UH.
While Dallas-based Tenet Healthcare Corp.'s $4.3 billion acquisition of Nashville, Tenn.-based Vanguard Health Systems created a surge in the for-profit hospital sector, the same may not be true for nonprofit hospitals, according to a report from Moody's Investors Service.