Englewood, Colo.-based Catholic Health Initiatives has completed its acquisition of St. Luke's Episcopal Health System in Houston from the Episcopal Diocese of Texas.
Transactions & Valuation Issues
The Eden Township Healthcare District board of directors has tabled a decision on providing $20 million to keep San Leandro (Calif.) Hospital open during its transition to a new owner, according to a report by the Mercury News.
On the advice of hospital trustees, the Adams County board of supervisors announced they would pursue a feasibility study to explore the sale or lease of Natchez (Miss.) Regional Medical Center, according to a report by the Natchez Democrat.
Somerset Medical Center in Somerville, N.J., has committed to merge with another New Jersey nonprofit health system — but first it has to pick one.
Baylor Regional Medical Center at Grapevine (Texas) will open a $90 million expansion on June 6, according to a Dallas/Fort Worth Healthcare Daily report.
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Dallas-based Forest Park Medical Center has opened its new location in Southlake, Texas, according to a Dallas/Fort Worth Healthcare Daily report.
Mobridge (S.D.) Regional Hospital and Clinics has broken ground on a $5.7 million expansion project, according to a Timber Lake Topic report.
On May 29, St. Clair Hospital held a ribbon cutting ceremony marking the completion of its 40,000-square-foot, $20 million outpatient center in Peters Township, Penn., according to a Peters Patch report.
Akron (Ohio) Children's Hospital has broken ground on a $180 million, seven-story expansion, according to a Beacon Journal report.
Greenville (S.C.) Health System and Laurens County Health Care System in Clinton, S.C., have been working on a long-term lease agreement, and a deal could be finalized as early as this July, according to a Clinton Chronicle report.