Memorial Medical Center in Ludington, Mich., drew interest from 27 various-sized hospitals and health systems for a possible affiliation, and the hospital has narrowed its choices to a handful of "major" health systems, according to a Ludington Daily News report.
Transactions & Valuation Issues
Carolinas HealthCare System in Charlotte, N.C., will fully integrate Cleveland County HealthCare System in Shelby, N.C., to its system after a nearly 20-year management relationship.
University Hospital in Newark, N.J., sent a request for proposals for a new non-profit partner to take over its management in July once it breaks away from its current operator, the University of Medicine and Dentistry of New Jersey, according…
In a recent blog post, Paul Levy, former CEO of Beth Israel Deaconess Medical Center in Boston, discussed some of the potential negative implications of increased merger and acquisition activity among hospitals and health systems.
In an effort to boost patient quality, reduce costs and improve access to healthcare, two major health systems — Cleveland Clinic and Franklin, Tenn.-based Community Health Systems — have created a groundbreaking strategic alliance.
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Steve Carlson, CEO of Community Medical Center in Missoula, Mont., denied rumors that arose last week alleging the hospital was looking for a buyer, according to a report by the Missoulian.
The following hospital mergers, acquisitions and general transaction news took place within the past week, beginning with the most recent. 1. Ashland Community Hospital Finalizes Management Agreement With AsanteAshland (Ore.) Community Hospital finalized an agreement in which Medford, Ore.-based Asante…
Ashland (Ore.) Community Hospital announced it has finalized an agreement in which Medford, Ore.-based Asante will take over its management beginning Monday.
The pending merger between Greensboro, N.C.-based Cone Health and Alamance Regional Medical Center in Burlington, N.C., is all but official now, as the Federal Trade Commission is expected to finalize the deal.
Executives at Knoxville, Tenn.-based Covenant Health have sent a letter to the board of Claiborne County Hospital in Tazewell, Tenn., as well as the Claiborne County Commission, to express interest in running the 85-bed county-owned hospital, according to a Knoxville…