University of Colorado Health, a new organization that includes Loveland, Colo.-based Medical Center of the Rockies; Poudre Valley Hospital in Fort Collins, Colo.; and University of Colorado Hospital in Aurora, Colo., intends to begin negotiating a management agreement with Ivinson…
Transactions & Valuation Issues
Pittsburgh-based insurer Highmark filed amended paperwork for its pending acquisition of West Penn Allegheny Health System last week, noting its new CEO, contract extension with UPMC and other business changes, according to a Pittsburgh Post-Gazette report.
Members of a transition committee appointed by North Pine Area Hospital District's board, which oversees Essentia Health-Sandstone (Minn.) are "devastated and bewildered" after recent talks with Essentia Health administrators over the future of the hospital, according to a Duluth News…
As a hospital's financial expert, the CFO plays an important role during an M&A process. The CFO's role is not solely financial, and just like the other executives, he/she can offer insight into multiple critical issues during a transaction.
North Kansas City (Mo.) Hospital officials have filed an injunction against the city of North Kansas and the city council to stop the sale of the hospital, according to a Fox 4 report.
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Hackensack (N.J.) University Health Network and LHP Hospital Group in Plano, Texas, have completed a joint venture purchase of Mountainside Hospital in Montclair, N.J., from Louisville, Ky.-based Merit Health Systems.
Los Robles Hospital & Medical Center in Thousand Oaks, Calif., and Thousand Oaks (Calif.) Surgical Hospital have begun discussing (pdf) a potential partnership.
Approximately 150 physicians affiliated with Abington (Pa.) Memorial Hospital strongly oppose the hospital's proposed merger with Huntingdon Valley, Pa.-based Holy Redeemer Health System, according to a Philadelphia Inquirer report.
Englewood, Colo.-based Catholic Health Initiatives and Omaha, Neb.-based Immanuel Communities, the co-sponsors of Alegent Health in Omaha, have signed a letter of intent for CHI to become the sole sponsor of Alegent Health, according to a Southwest Iowa News report.
When hospitals merge in concentrated markets, the price increase can be dramatic, according to a research review by the Robert Wood Johnson Foundation.