All parties in a hospital-ambulatory surgery center joint venture stand to benefit in many ways. Hospitals may gain new relationships with physicians while ASCs could receive a bump in reimbursement and gain access to the hospital's insurance product and additional…
Transactions & Valuation Issues
The following hospital mergers and acquisitions took place within the past week, beginning with the most recent.
West Chester, Pa.-based Chester County Hospital and Health System has signed a non-binding letter of intent to join the University of Pennsylvania Health System in Philadelphia.
It can be easy for hospital executives to focus on the structure of a transaction — whether they want to pursue a joint venture, a sale or a consolidation — as well as what organization will be the right partner.…
The $56 million Central Harnett Hospital is set to open in Lillington, N.C., on Jan. 18, according to a WRAL report.
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Riverside Shore Memorial Hospital in Nassawadox, Va., has announced that Onancock, Va., will be the site of its new facility, according to a Delmarva Now report.
The closing date on the asset purchase agreement for Scott County Hospital in Oneida, Tenn., has been postponed, according to an Ihoneida Independent Herald report.
Albany (N.Y.) Medical Center and Glens Falls (N.Y.) Hospital have initiated a process to identify opportunities for collaboration.
Although healthcare transactions are prevalent, they are not always well received by physicians, nurses and the community. As soon as any sort of management or governance deal between two hospitals or health systems is announced, anxiety among employees and physicians…
Rochester, Minn.-based Mayo Clinic announced that Billings (Mont.) Clinic has been selected to be a member of the Mayo Clinic Care Network.