Four more facilities within Baton Rouge-based Louisiana State University Health Care Services Division and LSU Health – Shreveport are primed for private operators, as the LSU board of supervisors approved new takeover plans, according to an Advocate report.
Transactions & Valuation Issues
Nor-Lea General Hospital in Lovington, N.M., is planning a $16 million expansion, according to an ABQ Journal report.
Two public hospitals just outside of New Orleans are looking for partners, and the short list has been whittled down to three potential organizations, according to a Times-Picayune report.
Although Detroit-based Henry Ford Health System and Royal Oak, Mich.-based Beaumont Health System are no longer looking to merge, each system may search for new, separate merger partners, according to a Crain's Detroit Business report.
The following hospital mergers, acquisitions and general transaction news took place within the past week, beginning with the most recent.
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Capital Region Medical Center in Jefferson City, Mo., has announced the construction of a $35 million expansion project.
Tallahassee (Fla.) Memorial Healthcare announced plans for an estimated $170 million surgery and adult intensive care unit expansion.
Hackensack (N.J.) University Medical Center announced the opening of HackensackUMC at Pascack Valley in Westwood, N.J.
This week, Detroit-based Henry Ford Health System and Royal Oak, Mich.-based Beaumont Health System called off their merger, which would have resulted in a $6.4 billion, 10-hospital system across the state. As more hospitals pursue mergers, the number of deals…
Northstar Health System in Iron River, Mich., has joined Superior Health Partners, an alliance of hospitals and providers in Michigan's Upper Peninsula, according to an Upper Michigan's Source report.