Elgin, Ill.-based Sherman Health has announced its intent to partner with Oak Brook, Ill.-based Advocate Health Care.
Transactions & Valuation Issues
On Wednesday, Pennsylvania Sen. Jim Ferlo (D) will lead a rally through downtown Pittsburgh to encourage West Penn Allegheny Health System and health insurer Highmark's return to the bargaining table, according to a Pittsburgh Business Times report.
Saint Vincent Health System in Erie, Pa., has agreed to a clinical affiliation for cardiovascular services with Cleveland Clinic, according to an Erie Times-News report.
Amarillo, Texas-based Baptist Community Services and Ardent Health Services in Nashville, Tenn., have formed (pdf) a joint venture to own and operate Baptist St. Anthony's Health System in Amarillo.
The following hospital mergers and acquisitions took place within the past week, beginning with the most recent.
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Arkansas' Legislative Council expressed concern regarding the potential joint venture between University of Arkansas for Medical Sciences in Little Rock and St. Vincent Health System in Little Rock, asking for more time to review a contract to explore the merger,…
Valley View Regional Hospital in Ada, Okla., is seeking proposals from three non-profit companies for a lease or affiliation, according to a MENAFN report.
Baltimore-based University of Maryland Medical System officials expect to complete an assets-only acquisition of St. Joseph Medical Center in Towson, Md., by Nov. 1, according to a Baltimore Business Journal report.
This is the third article in a series of three articles focused on pressing issues that hospital and health system executives need to consider when exploring mergers and acquisitions. The first article covers strategic considerations for a hospital transaction. The…
This is the second article in a series of three articles focused on pressing issues that hospital and health system executives need to focus consider when exploring mergers and acquisitions. The first article covers strategic considerations for a hospital transaction.Many…