In a webinar hosted by McGuireWoods, Barton Walker, JD, healthcare attorney for McGuireWoods, discussed the importance hospital and health system officials should place on certain structural considerations of mergers, acquisitions and affiliations. Although there are a variety of structures for…
Transactions & Valuation Issues
The Federal Trade Commission has given antitrust clearance (pdf) to the sale of Auburn (Wash.) Regional Medical Center to MultiCare Health System in Tacoma, Wash.
Nashville, Tenn.-based HCA has pulled out of the pool to potentially merge with Salinas (Calif.) Valley Memorial Healthcare System, according to a Central Coast News report.
Virginia Regional Med Center's Hospital Commission in Minnesota Approves Essentia Health Affiliation
Virginia (Minn.) Regional Medical Center's Hospital Commission has approved an affiliation with Duluth, Minn.-based Essentia Health, according to a Duluth News Tribune report.
Ivinson Memorial Hospital in Laramie, Wyo., is considering an affiliation with three Denver-based healthcare providers — HealthOne, University of Colorado Health and Sisters of Charity of Leavenworth Health System, according to a Laramie Boomerang report.
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Clifton-Fine (N.Y.) Hospital is exploring an affiliation with a larger hospital or health system after being denied non-profit status, according to a Watertown Daily News report.
The merger of Rowan University in Glassboro, N.J., and Rutgers' campus in Camden, N.J., are moving forward in the state legislature, despite concerns about University Hospital's viability and objections from the academic community, according to a Newsday report.
The following hospital mergers and acquisitions took place within the past week, beginning with the most recent.
University of Louisville (Ky.) has again delayed its decision on a new partner for University Hospital, according to a Courier-Journal report.
Chicago-based Provena Health and Resurrection Health Care Corp. have spent a combined $18.4 million on their merger, which formed Presence Health, the second largest hospital network in the Chicago area, according to a Crain's Chicago Business report.