Naperville, Ill.-based Edward Hospital & Health Services and Elmhurst (Ill.) Memorial Healthcare have announced (pdf) plans to merge, which would create one of the larger integrated health systems in the state.
Transactions & Valuation Issues
Rutherford Regional Health System in Rutherfordton, N.C., and Mission Health System in Asheville, N.C., signed a non-binding memorandum of understanding for RRHS to become a member of Mission Health.
Irving Levin Associates recently hosted a webinar, "Key Growth Sectors in the Health Care Merger & Acquisition Market," featuring a panel of experts with a wide range of experience in healthcare mergers and acquisitions. One of the panelists, Joshua Nemzoff,…
The following hospital mergers and acquisitions took place within the past week, beginning with the most recent.
As is customary when a for-profit hospital company intends to acquire a charitable institution, the New Jersey Attorney General's office is closely reviewing the proposed sale of St. Mary's Hospital in Passaic, N.J., to Ontario, Calif.-based Prime Healthcare Services, according…
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Lake Charles (La.) Memorial Hospital, along with its partner West Calcasieu Cameron Hospital in Sulphur, La., has entered into a partnership with W.O. Moss Regional Medical Center in Lake Charles, according to an American Press report.
2012 was one of the busiest years in the past decade in terms of the number of healthcare deals but one of the lowest years in terms of dollar volume, according to an Irving Levin Associates report.
With a growing emphasis on value-based purchasing and ACO-style reimbursement, many providers are considering new transactions and joint ventures to align their facilities with others and jointly provide high-quality services.
RegionalCare Hospital Partners, a for-profit hospital operator based in Brentwood, Tenn., and Sierra Vista (Ariz.) Regional Health Center announced they have signed a letter of intent to build a new 100-bed hospital with RegionalCare as the operator.
Hillsboro (N.D.) Medical Center and Sanford Health, based in both Dakotas, finalized their merger agreement last month, and effective Jan. 1, Hillsboro Medical Center is now known as Sanford Hillsboro Medical Center.