The consolidation between Atlanta Medical Center and South Fulton Medical Center in East Point, Ga., into one hospital on two campuses became effective Jan. 1.
Transactions & Valuation Issues
Doctors Medical Center in San Pueblo, Calif., is considering a partnership with Avanti Hospitals in El Segundo, Calif., in order to sustain its operations, according to an Inside Bay Area report.
Audrain Medical Center in Mexico, Mo., entered into exclusive talks with St. Louis-based SSM Health Care for an alignment, which would include SSM Health Care operating and managing Audrain Medical Center.
South Georgia Medical Center in Valdosta has sold its 50-bed inpatient psychiatric facility, Greenleaf Center, to for-profit Acadia Healthcare, according to an Acadia news release.
Phoenix-based Banner Health has terminated Phoenix Children's Hospital's lease for a Neonatal Intensive Care Unit within Banner Good Samaritan Medical Center in Phoenix, according to a Phoenix Children's announcement.
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The following hospital mergers and acquisitions took place within the past three weeks, beginning with the most recent.
City officials in Weymouth, Mass., plan to request a public hearing for the proposed merger between Boston-based Partners HealthCare and South Shore Hospital in Weymouth, according to a Patriot Ledger report.
The current healthcare environment is creating one of the most active hospital and health system consolidation markets in decades. This is partially driven by provider responses to the challenges and opportunities created by national and state healthcare reform. In addition…
E.J. Noble Hospital in Gouverneur, N.Y., has entered into a management contract with Canton-Potsdam (N.Y.) Hospital, according to a Watertown Daily Times report.
The New York State Department of Health has approved the affiliation between Champlain Valley Physicians Hospital Medical Center in Plattsburgh, N.Y., Elizabethtown (N.Y.) Community Hospital and Fletcher Allen Partners in Burlington, Vt., according to a Press Republican report.