Washington, Mo.-based Patients First Health Care and Chesterfield, Mo.-based Mercy have completed a merger to integrate Patients First into Mercy.
Transactions & Valuation Issues
A federal bankruptcy judge has denied Ontario, Calif.-based Prime Healthcare's request to acquire Victor Valley Community Hospital in Victorville, Calif., in favor of approving Riverside, Calif.-based KPC Group as the buyer.
The integration of Bloomsburg (Pa.) Hospital and its affiliates into Danville, Pa.-based Geisinger Health System received final approval from the Pennsylvania Attorney General's antitrust division.
St. Louis-based Ascension Health Care Network intends to acquire St. Mary's Hospital in Passaic, N.J., according to a North Jersey report.
Yale-New Haven (Conn.) Hospital received approval from the state's Department of Public Health for its proposed acquisition of the Hospital of St. Raphael in New Haven, according to a Yale Daily News report.
Franklin, Tenn.-based Capella Healthcare has finalized its long-term lease and management agreement to acquire Muskogee (Okla.) Community Hospital, creating one comprehensive health system comprised of Muskogee Community Hospital and Muskogee (Okla.) Regional Medical Center.
Franklin, Tenn.-based Community Health Systems has announced that its subsidiaries have acquired most of the assets of York, Pa.-based Memorial Health Systems.
Ontario, Calif.-based Prime Healthcare Services has completed its purchase of Saint Mary's Regional Medical Center in Reno, Nev., from Dignity Health in San Francisco, formerly Catholic Healthcare West.
St. Louis-based SSM Health Care has finalized its acquisition of Unity Health Center in Shawnee, Okla.
Reprinted with permission from Healthcare Strategies & Solutions. Health care organizations of all types and sizes are evaluating their ability to remain independent given the significant changes underway and on the horizon. According to Irving Levin Associates, 90 hospital merger…