Geisinger-Community Medical Center in Scranton, Pa., announced it is planning an $80 million expansion, according to a Times Leader report.
Transactions & Valuation Issues
Albany (N.Y.) Medical Center and Saratoga Hospital in Saratoga Springs, N.Y., announced the opening of their $17.5 million joint venture — Malta (N.Y.) Med Emergent Care facility.
Downers Grove, Ill.-based Advocate Health Care has officially added Elgin, Ill.-based Sherman Hospital, now called Advocate Sherman Hospital, as its eleventh acute-care hospital.
The Massachusetts attorney general's office approved Boston-based Partners HealthCare System's acquisition of Cooley Dickinson Hospital in Northampton, but the systems made an agreement with regulators to negotiate separate contracts with health insurers for five years due to concerns about market…
The Owosso, Mich.-based Memorial Healthcare board of trustees voted unanimously to cancel its request for proposal agreements with three other Michigan health systems in favor of rewriting the terms of the existing RFPs to be less restrictive and attract more…
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Pittsburgh-based health insurer Highmark is one step closer to expanding its new integrated delivery network, as the Orphan's Court of Erie County approved the proposed affiliation between Eric, Pa.-based Saint Vincent Health System and Allegheny Health Network.
New London, Conn.-based Lawrence + Memorial Hospital has finalized its acquisition of financially flailing The Westerly (R.I.) Hospital, ending a year and a half of hurdles the ownership deal faced, according to a report by The Day.
The following hospital mergers, acquisitions and general transaction news took place within the past week, beginning with the most recent.
In an effort to quell the current pace of healthcare consolidation in Washington and examine issues of healthcare access, 11 civil rights and healthcare advocacy organizations have called on Democratic Gov. Jay Inslee to enact a six-month moratorium on hospital…
Since 2007, hospital mergers and acquisitions have picked up every year, and activity increased even more after the 2010 Patient Protection and Affordable Care Act. But how are these transactions actually panning out? Are hospitals gaining efficiencies? Do certain acquirers…