Waterbury (Conn.) Health Network, the parent company of Waterbury Hospital, has signed a letter of intent to develop a joint venture with Nashville, Tenn.-based Vanguard Health Systems, according to a Republic American report.
Transactions & Valuation Issues
Woodbury, N.J.-based Underwood-Memorial Health Systems and Vineland, N.J.-based South Jersey Health System signed a merger agreement Thursday to join the two systems.
Beth Israel Deaconess Medical Center in Boston signed a memorandum of understanding for an affiliation with Signature Healthcare in Brockton, Mass., according to a Boston Business Journal report.
Hoopeston (Ill.) Regional Health Center and its clinics officially joined the Carle health system based in Urbana, Ill., which includes Carle Foundation Hospital, Carle Physician Group and outpatient clinics.
Hudson Hospital Holdco — which operates several New Jersey hospitals — is seeking to buy Landmark Medical Center in Woonsocket, R.I., but the medical center is sticking with the purchase deal from Ontario, Calif.-based Prime Healthcare, according to a report…
Trover Health System in Madisonville, Ky., is joining Baptist Health in Louisville, Ky., according to The Lane Report.
Oxford, Ohio-based McCullough-Hyde Memorial Hospital's board of directors voted to begin the formal process of investigating potential affiliations, preferably with a larger healthcare system.
Englewood, Colo.-based Catholic Health Initiatives has finalized an agreement with Omaha, Neb.-based Immanuel to become the sole sponsor of Alegent-Creighton Health in Omaha.
Englewood, Colo.-based Catholic Health Initiatives, its affiliate Saint Clare's Health System in Denville, N.J., and Ascension Health Care Network in St. Louis have decided to end negotiations for the transfer of ownership of Saint Clare's.
There is no question that the healthcare industry's rate of consolidation has increased dramatically in past years. While the specific amount of deals and dollars involved in healthcare transactions fluctuates quarter to quarter, the merger and acquisition activity has been…