MedCenter One, a health system based in Bismarck and Mandan, N.D., and Sanford Health based in Fargo, N.D., and Sioux Falls, S.D., have signed a non-binding letter of intent and agreed to a memorandum of understanding for a potential merger.
Transactions & Valuation Issues
Capella Healthcare in Franklin, Tenn., and Saint Thomas Health in Nashville, Tenn., have finalized their partnership for joint ownership and operation of four Capella Healthcare hospitals and potentially additional healthcare facilities in middle Tennessee and southern Kentucky.
The following hospital mergers and acquisitions took place within the past week, beginning with the most recent.
The CEOs of Yale-New Haven (Conn.) Hospital and St. Raphael Healthcare System in New Haven, Conn., received support for their proposed merger from the area's mayors and first selectmen in a meeting last week, according to a New Haven Register…
Johnston Health in Smithfield, N.C., has named five healthcare organizations as potential partners.
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MedCentral Health System in Mansfield, Ohio, has voted to seek a partnership with a larger health system.
Harrison Medical Center in Bremerton, Wash., is exploring an affiliation with a larger health system and is expected to make a decision on a partner by the end of the year, according to a Kitsap Sun report.
Butler (Pa.) Health System and Ellwood City (Pa.) Hospital announced a five-year management agreement.
Texas Health Resources in Arlington and Adventist Health System in Altamonte Springs, Fla., have formed a joint venture to own and manage Huguley Memorial Medical Center in Burleson, Texas.
Skaggs Regional Medical Center in Branson, Mo., has chosen CoxHealth, a health system in Springfield, Mo., and LifePoint Hospitals in Brentwood, Tenn., as finalists in its search for a strategic partner.