New Symrna Beach, Fla.-based Bert Fish Medical Center's Dec. 20 deadline for partnership proposals has come and gone with only two submissions, according to a Daytona Beach News-Journal report.
Transactions & Valuation Issues
Although Lawrence & Memorial Hospital in New London, Conn., completed the regulatory filings for its purchase of Westerly (R.I.) Hospital about six weeks ago, the purchase is still waiting regulatory approval, according a report by The Westerly Sun.
Northeast Alabama Regional Medical Center in Anniston, Ala., and Franklin, Tenn.-based Capella Healthcare have signed a definitive agreement for RMC to acquire Jacksonville (Ala.) Medical Center from Capella.
Thirteen months after the two parties penned an affiliation agreement, the Pennsylvania Insurance Department is requesting more specific information about Pittsburgh-based health insurer Highmark's $475 million acquisition of West Penn Allegheny Health System, according to a Pittsburgh Business Times report.
Due diligence is a necessary step in any transaction. Whether it is a clinical affiliation or a full sale, due diligence is conducted so both parties fully understand the other. Often times, the best due diligence process is one that…
Advertisement
Henry Ford Health System in Detroit and Beaumont Health System in Royal Oak, Mich., have formed a Merger Integration Task Force to lead the due diligence and integration process for the merger of the two systems.
Some rural hospitals will close in 2013 unless they coordinate with other hospitals to change the model of their care delivery, according to a statement by Richard Streiffer, MD, dean of University of Alabama's College of Community Health Services.
Westchester Medical Center in Valhalla, N.Y., and New Rochelle, N.Y.-based Sound Shore Health System have made the first steps in forming a corporate merger by signing a memorandum of understanding, allowing them to pursue exclusive talks, according to a Daily…
The article below is reprinted with permission from The Capital Issue, a quarterly newsletter published by Lancaster Pollard.
Avera, a health system based in Sioux Falls, S.D., is acquiring St. Mary's Healthcare Center in Pierre, S.D., as well as its affiliate hospital, Gettysburg (S.D.) Medical Center, according to an ArgusLeader.com report.