A U.S. bankruptcy judge has approved Bronx, N.Y.-based Montefiore Medical Center's bid to acquire New York Westchester Square Medical Center in the Bronx, according to a New York Daily News report.
Transactions & Valuation Issues
Jordan Health Systems in Plymouth, Mass., and Boston-based Beth Israel Deaconess Medical Center announced plans for JHSI to become part of BIDMC.
Dallas-based Tenet Healthcare has announced the formation of a joint venture partnership between its San Ramon (Calif.) Regional Medical Center and John Muir Health in Walnut Creek, Calif.
Frederick (Md.) Regional Health System, Meritus Health in Hagerstown, Md., and Western Maryland Health System in Cumberland, Md., have signed a memorandum of understanding to enter into strategic discussions for an affiliation.
Northwest Community Hospital in Arlington Heights, Ill., confirmed that it is exploring partnership possibilities with other hospitals and health systems, according to a Chicago Tribune report.
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The total cost of the transaction between West Penn Allegheny Health System and health insurer Highmark, both based in Pittsburgh, was originally estimated to be around $475 million, but now the costs will be more than triple that at $1.6…
Strategic considerations and preparation for healthcare reform were the primary drivers for the highest consolidation activity in the hospital market since 2000, according to a new Fitch Ratings report.
The board of mayor and alderman for the town of Unicoi, Tenn., approved a resolution to object to and disapprove the process by which the Erwin, Tenn.-based Unicoi County Memorial Hospital's board of control approved an acquisition by Johnson City,…
A group of real-estate investors have submitted a bid for New York Westchester Square Medical Center in the Bronx, challenging Bronx, N.Y.-based Montefiore Medical Center's agreement to acquire the financially struggling hospital, according to a Wall Street Journal report.
Norwalk (Conn.) Hospital and Western Connecticut Health Network in Danbury have signed a final agreement to affiliate.