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.
Transactions & Valuation Issues
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.
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Two-hospital Carondelet Health is considering a merger or acquisition by another health system or hospital in the Kansas City, Mo.-area, according to a Kansas City Star report.
Franklin, Tenn.-based Capella Healthcare has announced it has signed a definitive agreement to lease 45-bed, physician-owned Muskogee (Okla.) Community Hospital, effective July 1.
Hospitals are increasingly looking to sell, partner or merge to form organizations that are more integrated. Hospital sale values — generally expressed as a multiple of revenue or cash flow in the form of earnings before interest, taxes, depreciation and…
Lawrence & Memorial Hospital in New London, Conn., has submitted a $69 million bid to purchase Westerly (R.I.) Hospital, according to a Boston Globe report.
Denise Rodgers, interim president of Newark-based University of Medicine and Dentistry of New Jersey, announced that Newark-based University Hospital will remain a part of UMDNJ regardless of the New Jersey's higher education reorganization or the hospital's potential affiliation, according to…