As soon as any sort of management or governance deal between two hospitals or health systems is announced, anxiety among employees and physicians may develop. As the deal progresses further, rumors about the future of the organization, its employees and…
Transactions & Valuation Issues
The city of Colorado Springs, Colo., has negotiated an agreement with the Public Employees Retirement Association to eliminate a potential barrier to the Memorial Hospital in Colorado Springs partnership with University of Colorado Health, according to a KKTV news report.
Henrietta D. Goodall Hospital (commonly referred to as Goodall Hospital) in Sanford, Maine, received approval from HHS Commissioner Mary Mayhew to join MaineHealth System in Portland, according to a Morning Sentinel report.
Officials of Louisiana State University Health Shreveport (La.) may soon be looking for a public or private hospital partner, according to a Shreveport Times report.
Elbert Memorial Hospital in Elberton, Ga., and Anderson (S.C.) Medical Center may enter into an affiliation agreement, according to an Elberton Star report.
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The Virginia (Minn.) City Council approved the proposed affiliation between Virginia (Minn.) Regional Medical Center and Duluth, Minn.-based Essentia Health with a five to two vote Tuesday, according to the Northland News Center.
The proposed merger between Waterbury (Conn.) Hospital, St. Mary's Hospital in Waterbury and LHP Hospital Group in Plano, Texas, may fall apart, according to a Republican American report.
St. Louis-based Ascension Health has signed a memorandum of understanding with Tulsa, Okla.-based Marian Health System to acquire the three regional health systems that comprise Marian Health.
Pattie A. Clay Regional Medical Center in Richmond, Ky., has announced its full membership in Baptist Health in Louisville, Ky., according a Richmond Register report.
St. Vincent Health in Indianapolis will manage operations of Monroe Hospital in Bloomington, Ind., under an agreement recently announced by both hospitals, according to an Indiana Business Journal report.