Potsdam, N.Y.-based Canton-Potsdam Hospital and Gouverneur, N.Y.-based E.J. Noble Hospital have finalized a management agreement under which CPH Vice President Marlinda LaValley will be named administrator at E.J. Noble, according to a report by the Watertown Daily Times.
Transactions & Valuation Issues
After months of unstable management, St. Bernard Parish Hospital in Chalmette, La., will operate on its own and no longer require a third-party manager, according to a Times-Picayune report.
Executives at Brentwood, Tenn.-based LifePoint Hospitals and Fauquier Health in Warrenton, Va., have signed a memorandum of understanding to form a joint venture, as LifePoint continues an active hand in the hospital merger and acquisition market.
New negotiations to purchase Scott County Hospital in Oneida, Tenn., have begun, with a letter of intent to partner with Magee, Miss.-based Pioneer Health Services being circulated between the organizations' leaders, according to a report by WATE news in Knoxville.,…
The board of directors for Bell Hospital, located in Ishpeming, Mich., announced they have signed a letter of intent to be acquired by Brentwood, Tenn.-based for-profit chain LifePoint Hospitals.
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Bryan, Texas-based St. Joseph Health System has acquired 32-bed Bellville (Texas) General Hospital.
St. Louis-based SSM Health Care is the new owner and operator of Audrain Medical Center, an 88-bed hospital based in Mexico, Mo.
Barnwell (S.C.) Hospital board members have signed an asset purchase agreement with Atlanta-based firm Resurgence Management Company, according to a report by the Times and Democrat.
West Virginia University Healthcare in Morgantown has plans to purchase the Fairmont (W.Va.) Regional Cancer Center, according to a WDTV 5 report.
An unnamed, "out-of-town" physician expressed interest in purchasing the 25-bed South Mississippi County Regional Medical Center in Osceola, Ark., according to a report by Arkansas Business.