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…
Transactions & Valuation Issues
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.
Ardent Health Services, a for-profit health system based in Nashville, Tenn., and Amarillo, Texas-based Baptist Community Services have finalized their purchase of Baptist St. Anthony's Health System, also in Amarillo.
Although officials at Verdugo Hills Hospital in Glendale, Calif., hoped to complete its merger discussions with University of Southern California's Keck Medical Center in Los Angeles by the end of 2012, the talks are behind schedule, according to a Cañada…
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Prime Healthcare Services in Ontario, Calif., donated Huntington Beach (Calif.) Hospital to its non-profit affiliate Prime Healthcare Foundation, and in a separate transaction, Prime Healthcare Foundation obtained a controlling interest in Knapp Medical Center in Weslaco, Texas.
Care New England Health System in Providence, R.I., and Memorial Hospital of Rhode Island in Pawtucket have reached a definitive agreement to establish Memorial Hospital as a partner in the CNE system.
Integris Health announced it is the majority owner of Lakeside Women's Hospital, both of which are based in Oklahoma City.
Press Ganey announced that it has acquired Morehead Associates, in Charlotte, N.C., an employee and physician engagement firm.
Nurses working at Mount Vernon (N.Y.) Hospital and Sound Shore Medical Center of Westchester in New Rochelle, N.Y., will protest the merger of the two facilities with Westchester Medical Center in Valhalla, N.Y., this week, according to a Newsday report.