The bankrupt Medical Park Hospital in Hope, Ark., now has a new owner, as the U.S. Bankruptcy Court for the Western District of Arkansas approved its sale to Wadley Regional Medical Center in Texarkana, Texas, and its parent company, Franklin,…
Transactions & Valuation Issues
Although transactions can be an effective method for hospitals to coordinate care, expand patients' access and add service lines, they may also generate anxiety and worry within the physician community and hospital staff. Since physicians play an integral role in…
Southern Maryland Hospital Center in Clinton, Md., plans to become a member of Columbia, Md.-based MedStar Health.
Ashe Memorial Hospital in Jefferson, N.C., is close to signing a new management contract with Novant Health in Winston-Salem, N.C., according to a Jefferson Post report.
Boston-based Steward Health Care has asked Attorney General Peter Kilmartin to extend its July 27 deadline for closing on the sale of Landmark Medical Center in Woonsocket, R.I., according to a Woonsocket Call report.
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Salinas (Calif.) Valley Memorial Hospital has rejected a proposed merger with Salinas-based Natividad Medical Center — its last partnership option — to remain a standalone hospital, according to a Monterey Herald report.
A community-owned hospital is often the largest asset of the community. Unfortunately, with decreasing reimbursement and climbing costs, more and more community hospitals have been struggling. Residents need a local hospital to remain operationally viable in order to protect local…
Salinas (Calif.) Valley Memorial Healthcare System's steering group has submitted a recommendation advising the SVMHS board to end the affiliation process with Natividad Medical Center in Salinas.
In order for hospital executives to maximize the value — financial and non-financial — of a transaction, they need to be aware of key decision points that may arise during transactions. According to John Reiboldt, managing director of Coker Group,…
Vineland, N.J.-based South Jersey Healthcare is holding a public hearing tonight on its proposed agreement to merge with Underwood-Memorial Hospital in Woodbury, N.J.