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.
Transactions & Valuation Issues
Healthcare today is marked by nearly unprecedented levels of change. From healthcare reform to reimbursement reductions to new payment models, there seem to be fewer and fewer constants in healthcare delivery. These changes have brought significant challenges for organizations as…
The Claiborne County of Mississippi has taken control of Patients' Choice Medical Center of Claiborne County in Port Gibson, Miss., after the operator, Tupelo, Miss.-based Team Health — formerly Rural Healthcare Developers — defaulted on two years of lease payments,…
The board of regents for the Texas A&M University System in College Station has approved the plan to merge Texas A&M Health Science Center under the administration of Texas A&M University, according to a report by The Battalion.
The Queen's Health Systems in Honolulu plans to spend $73.2 million to acquire Hawaii Medical Center-West in Ewa Beach, Hawaii, from Honolulu-based St. Francis Healthcare System of Hawaii, according to a Pacific Business News report.
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Dexter (Mo.) Community Regional Healthcare Foundation has entered into a long-term lease with SoutheastHealth in Cape Girardeau, Mo., which allows SoutheastHealth to assume operation of the Dexter hospital as a lessee.
Dignity Health and University of California San Francisco, have signed a memorandum of understanding to begin discussions about integrating their San Francisco hospitals, according to a San Francisco Business Times report.
Paterson, N.J.-based St. Joseph's Regional Medical Center in Paterson, N.J., has announced it will not enter into a for-profit hospital alliance with St. Louis, Mo.-based Ascension Healthcare Network.
Lawrence & Memorial Hospital in New London, Conn., remains the only bidder for The Westerly (R.I.) Hospital as the court-sanctioned bidding period came to an end, according to a Westerly Sun report.
Chester County Hospital and Health System in West Chester, Pa., is seeking a partner to help it gain access to capital for investment in facilities, programs and new technologies, according to a Daily Local News report.