Earlier this week, commissioners of Unicoi County, Tenn., considered a resolution to object to the acquisition of Unicoi County Memorial Hospital in Erwin, Tenn., but ultimately failed to pass the resolution, according to an Erwin Record report.
Transactions & Valuation Issues
NewYork-Presbyterian Hospital, the renowned academic medical center based in New York City, has submitted a certificate of need to New York's State Health Department to take over Manhattan-based New York Downtown Hospital as sole owner, according to a New York…
Avera, a health system based in Sioux Falls, S.D., plans to acquire St. Mary’s Healthcare Center in Pierre, S.D., as well as its affiliate hospital, Gettysburg (S.D.) Medical Center.
Rhode Island officials have postponed a public hearing on New London, Conn.-based Lawrence + Memorial Hospital's $69 million bid to purchase the flailing Westerly (R.I.) Hospital because the application proposing the sale was deemed incomplete, according to a report by…
Rochester (N.Y.) General Health System announced it has expanded its affiliation with United Memorial Medical Center, based in Batavia, N.Y.
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Kennedy Health System, based in Washington Township, N.J., and Virtua, based in Marlton, N.J., have confirmed they have begun considering "collaboration opportunities" with one another, according to a report by the South Jersey Times.
The following hospital mergers and acquisitions took place within the past week, beginning with the most recent.
The Federal Trade Commission has "issued at least one subpoena" regarding a proposed merger between Mercy Hospital Hot Springs (Ark.) and National Park Medical Center, also in Hot Springs, though details surrounding the subpoenas and investigation have not been provided,…
A U.S. bankruptcy judge has approved Bronx, N.Y.-based Montefiore Medical Center's bid to acquire New York Westchester Square Medical Center in the Bronx, according to a New York Daily News report.
Jordan Health Systems in Plymouth, Mass., and Boston-based Beth Israel Deaconess Medical Center announced plans for JHSI to become part of BIDMC.