Physicians from St. Luke's Episcopal Health System in Houston have filed a motion to halt the system's sale to Denver-based Catholic Health Initiatives, according to a Houston Business Journal report.
Transactions & Valuation Issues
Mecosta County Medical Center in Big Rapids, Mich., will officially become part of Grand Rapids, Mich.-based Spectrum Health this summer after both systems' boards and the Mecosta County board of commissioners signed off on the deal.
Jamestown (N.D.) Regional Medical Center, a 25-bed critical access hospital, has decided to pursue a clinical and technology-based affiliation with Fargo, N.D.-based Sanford Health.
In order to keep St. Andrews Hospital's critical access status after closing its 25-bed emergency department, Boothbay Harbor, Maine-based Lincoln County Healthcare hopes to merge the Boothbay Harbor hospital with its sister campus, Miles Memorial Hospital — located about 30…
The following hospital mergers, acquisitions and general transaction news took place within the past week, beginning with the most recent.
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Peoria, Ill.-based OSF HealthCare announced it has affiliated with the Mayo Clinic Care Network in a non-ownership relationship.
Phoenix-based Banner Health announced it will add Arizona Regional Medical Center in Apache Junction, Ariz., to its network beginning May 15, if approved by Banner's board of directors.
After several weeks of negotiations, the board of trustees for Munroe Regional Medical Center in Ocala, Fla., has chosen Naples, Fla.-based Health Management Associates to lease and operate the publically owned, 421-bed hospital.
The race for a new owner of Saint Clare's Health System in Denville, N.J., is heating up, as two for-profit hospital companies are pursuing a deal, according to a Star-Ledger report.
The Episcopal Diocese of Texas announced it has approved a definitive agreement to transfer Houston-based St. Luke's Episcopal Health System to Englewood, Colo.-based Catholic Health Initiatives.