The boards of NYU Langone Medical Center and Continuum Health Partners, both New York City-based non-profits, have approved a memorandum of understanding for a merger that would create one of the largest healthcare systems in New York City, according to…
Transactions & Valuation Issues
Brentwood, Tenn.-based LifePoint Hospitals has signed an asset purchase agreement with Woods Memorial Hospital in Etowah, Tenn., to acquire the hospital.
Community hospitals stand to benefit greatly from healthcare transactions and consolidations, but only if done at the right time and for the right reasons. Partnerships, affiliations and mergers with larger hospitals and health systems may provide community hospitals with more…
Sinai Health System in Chicago recently announced it is entering the due diligence phase of a possible affiliation with Holy Cross Hospital, also in Chicago. Sinai Health System is a private, non-profit organization that has served the west and south…
The following hospital mergers and acquisitions took place within the past week, beginning with the most recent.
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Barnabas Health Care in West Orange, N.J., and Morristown, N.J.-based Atlantic Health have announced that discussions for a partnership have terminated, according to a New Jersey Real-Time News report.
Virginia (Minn.) Regional Medical Center's Hospital Commission and the city council will vote in the next few weeks on whether the medical center should affiliate with Duluth, Minn.-based Essentia Health, according to a Duluth News Tribune report.
Ontario, Calif.-based Prime Healthcare has acquired Pampa (Texas) Regional Medical Center from Signature Hospital Corp. in Houston, according to a Sacramento Bee report.
After completing the required antitrust investigation, Connecticut Attorney General George Jepsen has announced he will not block the proposed merger between Yale-New Haven (Conn.) Hospital and Hospital of Saint Raphael in New Haven.
Toledo, Ohio-based ProMedica announced it has signed an agreement with Memorial Hospital in Fremont, Ohio, to establish a long-term relationship with the intent of Memorial Hospital becoming a member of ProMedica.