Queen's Medical Center in Honolulu has finalized a deal with Honolulu-based St. Francis Healthcare System of Hawaii to acquire and reopen the shuttered Hawaii Medical Center-West in Ewa Beach, according to a Star Advertiser report.
Transactions & Valuation Issues
Milwaukee-based Aurora Health Care and Franklin, Tenn.-based IASIS Healthcare have 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.
Huntsville (Ala.) Hospital has announced a 40-year lease agreement to acquire Decatur (Ala.) General Hospital, according to a Hartselle Enquirer report.
Crittenden Regional Hospital in West Memphis, Ark., has entered into a new affiliation and consulting agreement with Methodist Le Bonheur Healthcare in Memphis, Tenn.
Advertisement
Three out of four healthcare organizations surveyed last year said they were considering a merger or acquisition deal, according to an infographic created by CompHealth.
Many hospital transactions are guided by the financial fit of two hospitals. During discussions, the status and health of each hospital's finances as well as potential financial opportunities are most often discussed, and the cultural fit of the organization may…
The merger between Holy Cross Hospital and Sinai Health System, both Chicago-based, is moving ahead, according to a Southwest News Herald report.
Central Baptist Hospital in Lexington, Ky., has entered into an agreement to manage Russell County Hospital in Russell Springs, Ky., according to a Kentucky.com report.
The agreement between Mercy Health in Chesterfield, Mo., and Franklin, Tenn.-based Capella Healthcare to merge Mercy Hospital Hot Springs (Ark.) and National Park Medical Center in Hot Springs is moving forward despite initial reservation from local Catholic clergy, according to…