Laurens County (S.C.) Health Care System's board of trustees has voted to enter into exclusive affiliation negotiations with Greenville (S.C.) Hospital System.
Transactions & Valuation Issues
Huntsville (Ala.) Hospital and Lawrence Medical Center in Moulton, Ala., have signed off on a management agreement.
Valley General Hospital in Monroe, Wash., has approved a "business partnership" with EvergreenHealth, based in Kirkland, Wash., according to a Daily Herald report.
Franklin, Tenn.-based Capella Healthcare and Mercy Health, based in St. Louis., have signed an asset purchase agreement to merge two hospitals in Hot Springs, Ark.
Ontario, Calif.-based Prime Healthcare Services has purchased Dallas Medical Center, according to a Herald Online report.
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Boston-based Steward Health Care may back out of its deal to purchase Landmark Medical Center in Woonsocket, R.I., according to a WPRI.com report.
Wellsboro, Pa.-based Laurel Health System's integration into Susquehanna Health System in Williamsport, Pa., became effective Sept. 1 after receiving regulatory approval.
Milwaukee-based Aurora Health Care and Franklin, Tenn.-based IASIS Healthcare announced a partnership, which includes clinical affiliations and the formation of a development joint venture — Aurora IASIS Health Partners.
The following hospital mergers and acquisitions took place within the past week, beginning with the most recent.
The U.S. Department of Justice and Massachusetts Attorney General Martha Coakley are closely scrutinizing Boston-based Partners HealthCare System's bid to acquire South Shore Hospital in Weymouth, Mass., according to a Boston Globe report.