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.
Transactions & Valuation Issues
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.
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…
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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.
St. Louis-based BJC HealthCare, Kansas City, Mo.-based Saint Luke's Health System, Springfield, Mo.-based CoxHealth and Springfield, Ill.-based Memorial Health System have announced a partnership to create The BCJ Collaborative, which will bring the health systems together to work toward achieving…