Abington (Pa.) Health and Huntingdon Valley, Pa.-based Holy Redeemer Health System decided to end discussions regarding a potential partnership to create a larger health system.
Transactions & Valuation Issues
Essentia Health and the North Pine Area Hospital District's board signed a three-year agreement for Essentia to continue operating Essentia Health-Sandstone (Minn.), according to a Duluth News Tribune report.
Faxton St. Luke's Healthcare in Utica, N.Y., and St. Elizabeth Medical Center in Utica are moving toward an affiliation, according to a Utica Observer-Dispatch report.
Michigan Attorney General Bill Schuette has approved the $483 million sale of non-profit Marquette (Mich.) General Hospital to for-profit Duke Lifepoint in Brentwood, Tenn.
Greensboro, N.C.-based Cone Health may complete a merger with Burlington, N.C.-based Alamance Regional Medical Center while also finalizing a new management agreement with Charlotte, N.C.-based Carolinas Healthcare System before the year ends, according to The Business Journal.
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HealthPartners in Bloomington, Minn., and Park Nicollet Health Services in St. Louis Park, Minn., have signed an agreement to unite their organizations and create a comprehensive, integrated healthcare delivery and financing organization.
Rhode Island Superior Court Associate Justice Brian Stern approved New London, Conn.-based Lawrence & Memorial Hospital's $69 million bid to acquire The Westerly (R.I.) Hospital.
The University of Louisville is negotiating with potential healthcare operators and hopes to reach a partnership agreement for its University Hospital by the end of the year, according to a Courier-Journal report.
AmSurg Corp. is seeking to acquire a majority stake in Glen Endoscopy Center in Glenview, Ill., according to a Crain's Chicago Business report.
Boston-based Steward Health Care's deadline to close the sale of Landmark Medical Center in Woonsocket, R.I., has once again been extended, according to a Woonsocket Call report.