Morristown, N.J.-based Atlantic Health System and Wayne, N.J.-based William Paterson University have signed an agreement for a collaboration to help improve health profession education and health services in New Jersey.
Transactions & Valuation Issues
A recent report from Chartis, a healthcare advisory services firm, found that 45 Texas rural hospitals are at risk of closure. The state's total composes the highest percentage of the 418 rural hospitals in the U.S. at the risk of…
Lewisburg, Pa.-based Evangelical Community Hospital is set to join York, Pa.-based WellSpan Health pending regulatory approval.
In 2022, healthcare merger and acquisition activity in the U.S. hit a record high of nearly 2,400 deals.1 But toward the end of the year, the challenges that had been plaguing other sectors of the economy started to drag on…
Grand Rapids, Mich.-based Corewell Health has shared plans to transfer land ownership where shuttered Kelsey Hospital operated to the Village of Lakeview (Mich.) for the purchase price of $1.
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Fredericksburg, Va.-based Mary Washington Hospital, part of Fredericksburg-based Mary Washington Healthcare, has extended its lease to Kids' Station, operated by KinderCare, after previously informing hospital employees that the day care center would be closing its doors in May.
On the heels of successful financial reports from Chicago-based CommonSpirit and St. Louis-based Ascension, the two health systems are actively reworking their hospital portfolios through investing in multiple mergers and acquisitions to improve upon their financial performances.
Franklin, Tenn.-based Community Health Systems has sold a number of hospitals over the past several years and is evaluating interest for sales that could yield more than $1 billion in additional proceeds, CEO Tim Hingtgen said on the company's Feb.…
Proposed healthcare mergers and acquisitions are continuing to face backlash from hospital and physician groups along with state and federal lawmakers — signaling a turn of the tide against megadeals.
The Guthrie Clinic in Sayre, Pa., has completed the acquisition of Our Lady of Lourdes Memorial Hospital System from St. Louis-based Ascension, according to financial documents published Feb. 16.