City officials approved the sale of Pauls Valley (Okla.) General Hospital to St. Anthony Hospital in Oklahoma City, according to a Pauls Valley Daily Democrat report.
Transactions & Valuation Issues
Carter Validus Mission Critical REIT, a real estate investment trust based in Tampa, Fla., has purchased Vibra New Bedford (Mass.) Hospital for $26.1 million from Vibra Healthcare in Mechanicsburg, Pa., according to a Tampa Bay Business Journal report.
Detroit-based Henry Ford Hospital and Beaumont Health System in Royal Oak, Mich., may be in talks for a merger or affiliation, according to a Crain's Detroit Business report.
Last week, Novi, Mich.-based Trinity Health and Newtown Square, Pa.-based Catholic Health East said they planned to merge their two massive health systems. This proposed "mega-merger" is one of the biggest this year, and its sheer size could positively impact…
Pittsburgh-based health insurer Highmark offered West Penn Allegheny Health System $125 million as an incentive for the health system to enter a structured bankruptcy, according to a Pittsburgh Tribune-Review report.
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The number of merger and acquisition transactions in the healthcare industry declined by nearly 10 percent in the third quarter of 2012 compared with the third quarter of 2011, representing a 35 percent drop in dollar volume compared with the…
Augusta-based MaineGeneral Health's three-day online auction to sell the MaineGeneral Medical Center facility in Augusta as well as the Seton facility in Waterville ended without a buyer, according to a Morning Sentinel report.
St. Petersburg, Fla.-based Bayfront Health System has signed a letter of intent to form a strategic partnership with Naples, Fla.-based Health Management Associates and its affiliate Shands HealthCare in Gainesville, Fla.
If South Shore Hospital in Weymouth, Mass., is acquired by Boston-based Partners HealthCare System, the hospital will retain its local authority, including its current president and CEO, Richard Aubut, according to a Patriot Ledger Report.
This past spring, Florida Gov. Rick Scott signed a bill into law that could change the landscape of public hospital districts throughout the state and puts the role of public hospital districts into the national spotlight.