The $56 million Central Harnett Hospital is set to open in Lillington, N.C., on Jan. 18, according to a WRAL report.
Transactions & Valuation Issues
Riverside Shore Memorial Hospital in Nassawadox, Va., has announced that Onancock, Va., will be the site of its new facility, according to a Delmarva Now report.
The closing date on the asset purchase agreement for Scott County Hospital in Oneida, Tenn., has been postponed, according to an Ihoneida Independent Herald report.
Albany (N.Y.) Medical Center and Glens Falls (N.Y.) Hospital have initiated a process to identify opportunities for collaboration.
Although healthcare transactions are prevalent, they are not always well received by physicians, nurses and the community. As soon as any sort of management or governance deal between two hospitals or health systems is announced, anxiety among employees and physicians…
Rochester, Minn.-based Mayo Clinic announced that Billings (Mont.) Clinic has been selected to be a member of the Mayo Clinic Care Network.
Bozeman (Mont.) Deaconess Hospital announced that it has completed a $15 million renovation and expansion of its emergency department.
Community Memorial Hospital in Sumner, Iowa, has opened a new $20 million hospital building, according to a KCRG-TV 9 report.
Florida Hospital Orlando has broken ground on a $210 million women's hospital, according to a WFTV/TV 27 report.
When one looks at the healthcare market, it is clear that merger and acquisition activity among hospitals is high. However, for many hospitals considering some form of a transaction, a merger or acquisition may be a relatively foreign strategy to…