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.
Transactions & Valuation Issues
The following hospital mergers and acquisitions took place within the past week, beginning with the most recent.
Colorado Springs, Colo.-based Memorial Health System's proposed lease of its Memorial Hospital in Colorado Springs to University of Colorado Health has been approved by Colorado Attorney General John Suthers.
Denver-based Sisters of Charity of Leavenworth Health System has agreed to pay Arvada, Colo.-based Community First Foundation approximately $275 million over the next 20 years as part of governance changes for Denver-based Exempla Healthcare, a non-profit healthcare system that includes…
Huggins Hospital in Wolfeboro, N.H., and Wentworth-Douglass Hospital in Dover, N.H., have approved a collaboration proposal to improve quality, coordination and efficiency of care.
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Rhode Island Attorney General Peter Kilmartin has given Boston-based Steward Health Care more time to close its acquisition of Landmark Medical Center in Woonsocket, R.I.
Charlevoix (Mich.) Area Hospital has signed a regional affiliation agreement with Traverse City, Mich.-based Munson Healthcare, expanding its relationship to provide access to Munson services and consulting.
The bankrupt Medical Park Hospital in Hope, Ark., now has a new owner, as the U.S. Bankruptcy Court for the Western District of Arkansas approved its sale to Wadley Regional Medical Center in Texarkana, Texas, and its parent company, Franklin,…
Although transactions can be an effective method for hospitals to coordinate care, expand patients' access and add service lines, they may also generate anxiety and worry within the physician community and hospital staff. Since physicians play an integral role in…
Southern Maryland Hospital Center in Clinton, Md., plans to become a member of Columbia, Md.-based MedStar Health.