WCA Hospital in Jamestown, N.Y., and UPMC Hamot in Erie, Pa., have signed a strategic affiliation agreement to expand access to healthcare services and resources in the region.
Transactions & Valuation Issues
On July 1, Boone Memorial Hospital in Madison, W.Va., officially transitioned from a county-owned hospital to a community-operated, non-profit entity.
The following hospital mergers and acquisitions took place within the past week, beginning with the most recent.
Central Maine Healthcare in Lewiston filed a letter of intent with the Maine Department of Health and Human Services to acquire Parkview Adventist Medical Center in Brunswick, Maine, which prompted Mid Coast Hospital, also in Brunswick, to file a competing…
In order for hospital executives to maximize the value of a transaction, it is important for them to utilize a systematic approach and apply focused due diligence. Rushing through any step could jeopardize its value — financial and non-financial. In…
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Heywood Hospital in Gardner, Mass., and Athol (Mass.) Memorial Hospital have signed a letter of intent to form a strategic alliance.
Deer River (Minn.) Healthcare Center will become part of Duluth, Minn.-based Essentia Health Sept. 1, according to a Duluth News Tribune report.
Transaction discussions between three hospitals in New Jersey's Passaic County and St. Louis-based Ascension Health Care Network may not be completely off the table, even though a board controlling two of the hospitals pulled the plug on merger talks last…
Camden Clark Medical Center in Parkersburg, W.Va., has decided to close its St. Joseph's Hospital in Parkersburg within four years, according to a Parkersburg News and Sentinel report.
North Pine Area Hospital District's board has approved a three-year lease agreement with Duluth, Minn.-based Essentia Health for Essentia Health-Sandstone (Minn.), according to a Duluth News Tribune report.