The University of Louisville (Ky.) has postponed its selection of a new healthcare partner for its University Hospital in Louisville until June 30, according to a Courier-Journal report.
Transactions & Valuation Issues
The following hospital mergers and acquisitions took place within the past week, beginning with the most recent.
The U.S. healthcare landscape is undergoing a unique, transformative period. Many changes, soon to be or already implemented, are affecting the operations and philosophy of the industry.
Lawrence & Memorial Hospital in New London, Conn., has submitted a "preliminary nonbinding proposal" to acquire some, or all, of Westerly (R.I.) Hospital's assets, according to a report by The Day.
The Rhode Island Senate unanimously approved a bill yesterday to eliminate a requirement that for-profit hospital corporations wait three years between acquiring hospitals, according to a Providence Journal report.
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OSF Healthcare in Peoria, Ill., and Rockford (Ill.) Health have canceled plans to merge, with "great reluctance," citing the preliminary injunction granted to halt the deal and the prospect of a two-year legal battle with the Federal Trade Commission as…
Partners HealthCare System in Boston may be discussing an acquisition of South Shore Hospital in Weymouth, Mass., according to a Boston Globe report.
Compared to the past, healthcare executives of hospital and health systems, either looking to acquire other organizations or seeking a partner, are approaching mergers and affiliations differently. There are different goals in mind.
Sparrow Health System in Lansing, Mich., and Hayes Green Beach Memorial Hospital in Charlotte, Mich., have signed a nonexclusive affiliation agreement committing both organizations to jointly develop operational, clinical and programmatic services.
Ashland (Ore.) Community Hospital's board of directors have announced an agreement to exclusively negotiate a partnership with Dignity Health in San Francisco.