Ardent Health Services, a for-profit health system based in Nashville, Tenn., and Amarillo, Texas-based Baptist Community Services fi - nalized their purchase of Baptist St. Anthony’s Health System, also in Amarillo.
Transactions & Valuation Issues
Central Maine HealthCare based in Lewiston has requested a suspension, up to 12 months, on its application to acquire Brunswick, Maine-based Parkview Adventist Medical Center, citing its need to complete a feasibility study of Parkview's services, according to a report…
Yesterday, Franklin, Tenn.-based Community Health Systems announced its fourth-quarter profit more than doubled to $62.6 million, and company executives said they plan to expand CHS even further this year with "three to four targeted hospital acquisitions."
Dallas-based hospital chain Tenet Healthcare announced (pdf) it has entered into a definitive agreement to acquire 209-bed Emanuel Medical Center in Turlock, Calif.
Akron, Ohio-based Summa Health System and Cincinnati-based Catholic Health Partners have approved a letter of intent to create a "strategic partnership," pending final negotiations.
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Wise Regional Health System in Decatur, Texas, will sell $19 million in bonds as it looks to purchase the bankrupt North Texas Community Hospital in Bridgeport, according to a Wise County Messenger report.
City council members in St. Petersburg, Fla., are scheduled to vote Thursday on a joint venture agreement in which Naples, Fla.-based hospital chain Health Management Associates would purchase an 80 percent interest in Bayfront Health System, according to a report…
A letter of intent to affiliate Medford, Ore.-based Asante and Ashland (Ore.) Community Hospital was unanimously approved by the Ashland City Council last night, paving the way for a planned merger, according to a report by the Ashland Daily Tidings.
Providence, R.I.-based Care New England Health System and Memorial Hospital of Rhode Island in Pawtucket have filed their affiliation agreement and other requisite application materials with the Rhode Island Department of Health, the state attorney general's office and the Federal…
Hospitals and health systems have experienced an uptick of merger and acquisition activity, and that activity has extended beyond hospital-hospital mergers to hospital-surgery center and hospital-physician practice deals. Here, four healthcare leaders share their thoughts on the future of this…