Boston-based Steward Health Care has asked Attorney General Peter Kilmartin to extend its July 27 deadline for closing on the sale of Landmark Medical Center in Woonsocket, R.I., according to a Woonsocket Call report.
Transactions & Valuation Issues
Salinas (Calif.) Valley Memorial Hospital has rejected a proposed merger with Salinas-based Natividad Medical Center — its last partnership option — to remain a standalone hospital, according to a Monterey Herald report.
A community-owned hospital is often the largest asset of the community. Unfortunately, with decreasing reimbursement and climbing costs, more and more community hospitals have been struggling. Residents need a local hospital to remain operationally viable in order to protect local…
Salinas (Calif.) Valley Memorial Healthcare System's steering group has submitted a recommendation advising the SVMHS board to end the affiliation process with Natividad Medical Center in Salinas.
In order for hospital executives to maximize the value — financial and non-financial — of a transaction, they need to be aware of key decision points that may arise during transactions. According to John Reiboldt, managing director of Coker Group,…
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Vineland, N.J.-based South Jersey Healthcare is holding a public hearing tonight on its proposed agreement to merge with Underwood-Memorial Hospital in Woodbury, N.J.
Mountain View Hospital in Madras, Ore., is planning to negotiate an asset transfer agreement with Bend, Ore.-based St. Charles Health System, according to a KTVZ report.
Verdugo Hills Hospital in Glendale, Calif., has entered into merger talks with the University of Southern California's Keck Medical Center in Los Angeles, according to a Cañada Valley Sun report.
Hospital transactions can be transformative periods for hospitals due to the potential cultural and operational shifts that could result. Hospital staff and physicians may find it difficult to adjust to enterprise wide cultural changes. The following five best practices will…
Tennessee is a hotbed of for-profit hospital companies, and Franklin, Tenn.-based Capella Healthcare has been trying to make its own imprint in the arena for more than seven years now.