Lake Charles (La.) Memorial Hospital, along with its partner West Calcasieu Cameron Hospital in Sulphur, La., has entered into a partnership with W.O. Moss Regional Medical Center in Lake Charles, according to an American Press report.
Transactions & Valuation Issues
2012 was one of the busiest years in the past decade in terms of the number of healthcare deals but one of the lowest years in terms of dollar volume, according to an Irving Levin Associates report.
With a growing emphasis on value-based purchasing and ACO-style reimbursement, many providers are considering new transactions and joint ventures to align their facilities with others and jointly provide high-quality services.
RegionalCare Hospital Partners, a for-profit hospital operator based in Brentwood, Tenn., and Sierra Vista (Ariz.) Regional Health Center announced they have signed a letter of intent to build a new 100-bed hospital with RegionalCare as the operator.
Hillsboro (N.D.) Medical Center and Sanford Health, based in both Dakotas, finalized their merger agreement last month, and effective Jan. 1, Hillsboro Medical Center is now known as Sanford Hillsboro Medical Center.
Hartford, Conn.-based Saint Francis Care and St. Louis-based Ascension Health Care Network have signed a letter of intent for a potential integration of Saint Francis into Ascension in order to build a statewide healthcare delivery system.
Holy Cross Hospital is joining Sinai Health System, effective Jan. 16.
North Adams, Mass.-based Northern Berkshire Healthcare officials are setting their sights on the system's upcoming affiliation with Berkshire Health Systems in Pittsfield, Mass., after a tumultuous year that saw Northern Berkshire emerge from bankruptcy, according to a North Adams Transcript…
The Regents of the University of California may review the proposed affiliation agreement between San Francisco-based UCSF Medical Center and Children's Hospital & Research Center Oakland (Calif.) Jan. 16, according to a San Francisco Business Times report.
West Tennessee Healthcare in Jackson and Vanderbilt University Medical Center in Nashville have agreed to affiliate and for clinical research, joint centers of excellence and specific patient care programs.