Representatives from Naples, Fla.-based hospital chain Health Management Associates and Daytona Beach, Fla.-based Halifax Health pitched competing plans to partner with Bert Fish Medical Center in New Smyma Beach, according to a report by the Daytona Beach News-Journal.
Transactions & Valuation Issues
Geisinger Health System in Danville, Pa., and Lewistown (Pa.) Hospital will aim to finalize their merger deal this June after both parties agreed to extend the original 90-day deadline, according to a Lewistown Sentinel report.
New York City-based Continuum Health Partners and The Mount Sinai Medical Center are pursuing a merger, according to a news release.
Brooklyn, N.Y.-based Maimonides Medical Center signed an affiliation agreement to become a university hospital under Yeshiva University's Albert Einstein College of Medicine and entered into a strategic alliance with Bronx, N.Y.-based Montefiore Medical Center, which also operates as an academic…
Ann Arbor-based University of Michigan Health System announced it would provide more inpatient services at Chelsea (Mich.) Community Hospital to allow nearby residents a closer option than driving to the nearest UMHS hospital.
Advertisement
Novant Health, based in Winston-Salem, N.C., will collaborate with Cape Fear Valley Health System in Fayetteville, N.C., to reduce expenses and improve patient care.
Summa Health System in Akron, Ohio, and Robinson Memorial Hospital in Ravenna, Ohio, will let their affiliation agreement expire at the end of the year, according to an Akron Beacon Journal report.
Tension between University of Pittsburgh Medical Center and health insurer Highmark continues to mount: Highmark now claims that UPMC has launched a "disinformation campaign" against its pending provider network, and Highmark is also expressing need for a new UPMC contract,…
University of Pittsburgh Medical Center and Altoona (Pa.) Regional Health System have agreed to conditions of a prospective affiliation, according to a Pittsburgh Post-Gazette report.
As health system consolidation picks up steam, more non-profit providers are exploring affiliation options and even looking into the for-profit realm to find suitable business partners. Attorneys and industry experts discussed trends in non-profit transactions and weighed in with their…