Dallas-based hospital chain Tenet Healthcare announced (pdf) it has entered into a definitive agreement to acquire 209-bed Emanuel Medical Center in Turlock, Calif.
Transactions & Valuation Issues
Akron, Ohio-based Summa Health System and Cincinnati-based Catholic Health Partners have approved a letter of intent to create a "strategic partnership," pending final negotiations.
Wise Regional Health System in Decatur, Texas, will sell $19 million in bonds as it looks to purchase the bankrupt North Texas Community Hospital in Bridgeport, according to a Wise County Messenger report.
City council members in St. Petersburg, Fla., are scheduled to vote Thursday on a joint venture agreement in which Naples, Fla.-based hospital chain Health Management Associates would purchase an 80 percent interest in Bayfront Health System, according to a report…
A letter of intent to affiliate Medford, Ore.-based Asante and Ashland (Ore.) Community Hospital was unanimously approved by the Ashland City Council last night, paving the way for a planned merger, according to a report by the Ashland Daily Tidings.
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Providence, R.I.-based Care New England Health System and Memorial Hospital of Rhode Island in Pawtucket have filed their affiliation agreement and other requisite application materials with the Rhode Island Department of Health, the state attorney general's office and the Federal…
Hospitals and health systems have experienced an uptick of merger and acquisition activity, and that activity has extended beyond hospital-hospital mergers to hospital-surgery center and hospital-physician practice deals. Here, four healthcare leaders share their thoughts on the future of this…
Last week, healthcare insurer WellPoint named Joseph Swedish, president and CEO of Livonia, Mich.-based Trinity Health, as its new CEO. The appointment of a hospital executive without experience on the payor side took most of the industry by surprise, including…
Community Health Network and Wishard-Eskenazi Health, both headquartered in Indianapolis, have announced they have entered into a partnership agreement with approval from the Health & Hospital Corporation of Marion County.
The following hospital mergers, acquisitions and general transaction news took place within the past week, beginning with the most recent.