Eight hospitals and healthcare companies have reportedly received a request for proposal to buy or lease Tazewell, Tenn.-based Claiborne County Hospital and its nursing home, according to a Claiborne Progress report.
Transactions & Valuation Issues
Nearly one in three of Massachusetts' 70 hospitals have participated in a transaction or partnership since 2007 when the state's healthcare reform legislation took effect, with another 20 percent currently engaged in such discussions, leaving just 9 percent of hospitals…
Detroit-based Henry Ford Health System CEO Nancy Schlichting told the Detroit Free Press the system's recently terminated $6.6 billion merger with Beaumont Health System, based in Royal Oak, Mich., was the latest of three prior negotiations between the two systems…
Richland, Wash.-based Kadlec Regional Medical Center's freestanding $17 million emergency room in Kennewick, Wash., is set to open next week, according to a Tri-City Herald report.
Fulton County Hospital in Salem, Ark., is roughly two years into its three-year management contract with Ozarks Medical Center in West Plains, Mo., but Fulton County Hospital board members have decided to terminate the partnership early, according to an Area…
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Today, New Rochelle, N.Y.-based Sound Shore Health System filed for Chapter 11 bankruptcy, but Montefiore Medical Center, the four-hospital system based in the Bronx borough of New York City, announced it will purchase the assets of the troubled system.
Plano, Texas-based U.S. Renal Care announced it has formed a new outpatient joint venture with Pottstown (Pa.) Memorial Medical Center.
Sauk Prairie Memorial Hospital & Clinics in Prairie du Sac, Wis., is planning a $68 million replacement hospital, according to Columbus-based Lancaster Pollard, an investment banking and mortgage banking firm that was responsible for structuring and funding the debt offering…
The board of Jackson Hospital in Marianna, Fla., unanimously voted against selling or leasing the public hospital to private operators, according to a report by the Jackson County Floridian.
Grand Rapids, Mich.-based Metro Health Hospital has plans for a $13.1 million outpatient surgical center, according to a Grand Rapids Business Journal report.