The former Cheboygan Memorial Hospital reopened its emergency room yesterday under the name McLaren Northern Michigan, Cheboygan Campus, following a six-week closure, according to a report by The Republic.
Transactions & Valuation Issues
Professional services firm Towers Watson announced it will acquire Extend Health — the operator of the largest private Medicare exchange in the United States — for $435 million, less net debt and certain transaction costs.
The following hospital mergers and acquisitions took place within the past week, beginning with the most recent.
Emory Healthcare in Atlanta and Southern Regional Health System in Riverdale, Ga., have signed a letter of intent for an affiliation.
Queen's Health Systems in Honolulu has signed a letter of intent and confidentiality agreement with St. Francis Healthcare System of Hawaii in Honolulu, enabling Queen's Health to explore the feasibility of acquiring and reopening the former Hawaii Medical Center-West in…
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Kokomo, Ind.-based Howard Regional Health System's board of trustees passed resolutions approving the affiliation with Community Health Network in Indianapolis, according to a Kokomo Perspective report.
The healthcare industry is witnessing a great deal of change including the pace and form of its merger and acquisition activity. Often healthcare transactions are positive and offer hospitals supplementary resources. For this reason, many hospitals and health systems look…
The Massachusetts Department of Public Health has approved the merger between Lowell (Mass.) General Hospital and Saint's Medical Center in Lowell.
Scott Memorial Hospital in Scottsburg, Ind., has signed a letter of intent to lease its facility to The Regional Health Network of Kentucky and Southern Indiana, a new joint venture formed by Norton Healthcare in Louisville, Ky., and LifePoint Hospitals…
Mercy Health in Chesterfield, Mo., has entered exclusive acquisition talks with Jefferson Regional Medical Center in Crystal City, Mo., according to a St. Louis Today report.