Since the two cash-strapped, New York systems signed a memorandum of understanding to merge in February, The Brooklyn Hospital Center and Interfaith Medical Center, also in Brooklyn, have made little progress toward closing the deal, indicating it may never happen,…
Transactions & Valuation Issues
Dallas-based Baylor Health Care System announced it has signed a definitive agreement to merge with Scott & White Healthcare, based in Temple, Texas, to form a new entity to be called Baylor Scott & White Health with a subsidiary service…
Massachusetts' new Health Policy Commission has voted to proceed with a review of Boston-based Partners HealthCare System's planned acquisition of South Shore Hospital in Weymouth, according to a Boston Globe report.
Rocky Mount, N.C.-based Nash Health Care has sent a request for proposal to five major health systems looking for an affiliation agreement, according to a Daily Southerner report.
Ohio State University Wexner Medical Center and Mount Carmel Health System, both based in Columbus, Ohio, have signed an affiliation agreement that will allow the two health systems to work closer on clinical care and improve care coordination in the…
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Santa Barbara, Calif.-based Cottage Health System announced it has signed a letter of intent to integrate outpatient surgery network Sansum Clinic, also based in Santa Barbara, into its organization.
Board members of Alameda (Calif.) Hospital signed a letter of intent to merge with Oakland, Calif.-based public network Alameda Health System, according to a report by the San Francisco Gate.
In an executive panel discussion at the Healthcare Financial Management Association Annual National Institute in Orlando on Nov. 17, four healthcare financial leaders of stand-alone hospitals discussed their perspectives on mergers and partnerships and how the current healthcare environment is…
The following hospital mergers, acquisitions and general transaction news took place within the past week, beginning with the most recent.
A petition of 2,000 signatures garnered by a delegation of SEIU Healthcare Pennsylvania found its way to the desk of Altoona (Pa.) Regional Health System leaders requesting they reject a coming merger with University of Pittsburgh Medical Center, according to…