In today's healthcare industry, it may seem as if there is a merger or acquisition announced every single day and that every hospital in the United States is affiliating or partnering with one another. However, that is not the case.
Transactions & Valuation Issues
Detroit-based Henry Ford Health System and Beaumont Health System in Royal Oak, Mich., have signed a letter of intent to combine their operations into a new $6.4 billion organization, they announced at a press conference today.
Chilton Medical Center in Clanton, Ala., is seeking a new owner following the suspension of its license, according to a San Francisco Chronicle report.
Transylvania Regional Hospital in Brevard, N.C., has completed the process to become a full member of Mission Health in Asheville, N.C.
SoutheastHEALTH, based in Cape Girardeau, Mo., has officially acquired the leasehold interest in Missouri Southern Healthcare in Dexter.
Advertisement
Tallahassee (Fla.) Memorial HealthCare and UF&Shands in Gainesville, Fla., — the University of Florida Academic Health Center — announced an affiliation to expand cancer care options for patients.
San Francisco-based Dignity Health has ended negotiations with Ashland (Ore.) Community Hospital.
The following hospital mergers and acquisitions took place within the past week, beginning with the most recent.
Stephen Klasko, MD, CEO and Dean of USF Health in Tampa, Fla., does not think the recently announced deal between St. Petersburg, Fla.-based Bayfront Health System, Naples, Fla.-based Health Management Associates and Shands HealthCare in Gainesville, Fla., is a good…
WellSpan Health in York, Pa., and Ephrata (Pa.) Community Hospital approved a memorandum of understanding for Ephrata to join WellSpan, according to a York Daily Record report.