Ontario, Calif.-based hospital chain Prime Healthcare Services announced it has completed its purchase of two Kansas hospitals from Denver-based Sisters of Charity of Leavenworth Health System.
Transactions & Valuation Issues
Emanuel Medical Center, a 72-bed hospital based in Swainsboro, Ga., has signed a joint management and lease agreement with ER Hospitals, a hospital management group based in Salt Lake City, according to a Swainsboro Forest-Blade report.
St. Louis-based Ascension Health, the largest Catholic health system in the United States, officially grew its base further today, completing its acquisition of Marian Health System, a Tulsa, Okla.-based provider with three regional health systems.
Effective today, Johnston Health, a public health system based in Smithfield, N.C., and Chapel Hill, N.C.-based UNC Health Care have entered exclusive negotiations for a strategic partnership.
The following hospital mergers, acquisitions and general transaction news took place within the past week, beginning with the most recent.
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The Rhode Island attorney general's office and the state department of health suspended review of the proposed acquisition of Woonsocket, R.I.-based Landmark Medical Center by Ontario, Calif.-based for-profit chain Prime Healthcare Services, claiming Prime's application was incomplete for the second…
Many potential buyers are lining up at the doors of St. John's Health Center, a Sisters of Charity of Leavenworth hospital based in Santa Monica, Calif., according to a Los Angeles Times report.
Erwin, Tenn.-based Unicoi County Memorial Hospital approved Johnson City, Tenn.-based 13-hospital system Mountain States Health Alliance's definitive agreement to acquire it, according to a report by the Johnson City Press.
Although HHS has clarified many new or recent regulations and given providers better direction for compliance, the healthcare industry still faces a flood of changes unlike any this country has seen since the introduction of Medicare.
Leaders from Providence Medical Center in Kansas City, Kan., and St. John Hospital in Leavenworth, Kan., vigorously argued in favor of their organizations' proposed sale to Ontario, Calif.-based Prime Healthcare Services before the Kansas attorney general at a public hearing,…