Montefiore Medical Center in Bronx, N.Y., has reached an agreement to purchase New York Westchester Square Medical Center in the Bronx, according to a Bronx Times report.
Transactions & Valuation Issues
EvergreenHealth in Kirkland, Wash., and Valley General Hospital in Monroe, Wash., approved an agreement that makes Valley General Hospital an affiliate of EvergreenHealth.
Board members of the Mercy Health Ministry met with Bishop Anthony B. Taylor of the Diocese of Little Rock, Ark., Dec. 7 to discuss the proposed sale of Mercy Hospital Hot Springs (Ark.), according to an Arkansas Catholic report.
Columbia, Md.-based MedStar Health completed its acquisition of Southern Maryland Hospital Center in Clinton, Md.
The dissolution of a letter of intent between Mercy Health System of Maine in Portland and Boston-based Steward Health Care System was announced Dec. 10, and Steward Health claims it "unilaterally withdrew" from the deal despite coverage hinting otherwise, according…
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Louisiana Department of Health and Hospitals Secretary Bruce D. Greenstein and LSU System Executive Vice President for Health Care and Medical Education Redesign Frank Opelka, MD, announced potential public-private partnerships for the operations of Louisiana State University's hospitals in New…
The Illinois Health Facilities and Services Review Board voted unanimously to grant a certificate of need to Holy Cross Hospital and Sinai Health System, both based in Chicago, approving their planned merger.
Newark, Ohio-based Licking Memorial Health Systems has facilitated an agreement between Licking Memorial Hospital in Newark and the Medical Center of Newark for the purchase of the assets and real estate on MCN's campus.
Due to changing conditions in the healthcare environment, many hospitals believe it is time that they move away from independence and toward some form of a transaction. A transaction has the potential to be an effective move in dealing with…
The following hospital mergers and acquisitions took place within the past week, beginning with the most recent.