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,…
Transactions & Valuation Issues
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.
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.
Altoona (Pa.) Regional Health System and Nason Hospital in Roaring Spring, Pa., have signed a non-binding memorandum of understanding to explore an affiliation.
Hospital transactions are intricate projects, and many times issues pop up, which have the potential to delay, drive down the value or even kill a deal. Even issues that hospital leaders may not perceive as threatening can become potential landmines.