Brownwood (Texas) Regional Medical Center and Brown County have approved an affiliation agreement to fund indigent care patients, according to a Brownwood Bulletin report.
Transactions & Valuation Issues
Mercy Health System of Maine in Portland has entered into a non-binding letter of intent to be acquired by Boston-based Steward Health Care System.
The following hospital mergers and acquisitions took place within the past week, beginning with the most recent.
Hartford (Conn.) HealthCare and Backus Healthcare System in Norwich, Conn., have formally agreed to affiliate, according to a Hartford Courant report.
LSU Health in Baton Rouge, La., may need the help of a private healthcare partner to operate some of its 10 public hospitals, but its shrinking funding and budget issues are major hurdles in attracting partnerships with private companies, according…
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Englewood, Colo.-based Catholic Health Initiatives and Vancouver, Wash.-based PeaceHealth have signed (pdf) a nonbinding letter of intent to create a regional healthcare system.
San Francisco-based Dignity Health recently closed its acquisition of U.S. HealthWorks Medical Group in Valencia, Calif., an independent operator of occupational medicine and urgent care centers, according to a San Francisco Business Times report.
Naples, Fla.-based NCH Healthcare is joining the Mayo Clinic Care Network as the first member of the network in Florida and the Southeast region of the United States.
Jefferson Regional Medical Center in Crystal City, Mo., and Chesterfield, Mo.-based Mercy have entered into a formal letter of intent for a partnership.
St. Joseph Health in Orange County, Calif., and Hoag Memorial Hospital Presbyterian in Newport Beach, Calif., have signed a letter of intent to form an affiliation.