Evidenced in the current influx of merger and acquisition activity, some hospitals are considering mergers or sales as smart moves given the current economy and oncoming healthcare reform. There are varieties of reasons a hospital may consider a merger, partnership…
Transactions & Valuation Issues
Federal Trade Commission Chairman Jon Leibowitz said challenging anticompetitive hospital mergers is one way his agency is controlling healthcare costs, but many hospitals say the government is sending mixed messages, according to a Wall Street Journal report.
Saint Clare's Health System based in New Jersey., and Catholic Health Initiatives in Englewood, Colo., have announced a decision to seek a new owner for Saint Clare's Health.
Norton Healthcare in Louisville, Ky., has announced new or enhanced affiliations with five regional community hospitals in Kentucky and Southern Indiana.
Daughters of Charity Health System, a six-hospital health system based in Los Altos Hills, Calif., announced it signed a memorandum of understanding to merge with Ascension Health, the nation's largest Catholic Health System.
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Potential owners will bid for Christ Hospital in Jersey City, N.J. on Monday, March 19 during a live auction, according to a New Jersey Journal report.
Cheboygan (Mich.) Memorial Hospital has proposed an expedited sale to McLaren Health Care Corp. in Flint Township, Mich., according to a Cheboygan Daily Tribune report.
To read Part 1 about required capital ratio, what it is and what it means, click here.In February, Cooley Dickinson Hospital in Northampton, Mass., announced it would merge with Massachusetts General Hospital, the Boston-based teaching hospital of Harvard Medical School…
Salinas (Calif.) Valley Memorial Hospital has released the names of six organizations that submitted affiliation proposals as well as a new affiliation timeline if the hospital board agrees to continue with the transaction process, according to a Monterey County Herald…
Hackensack (N.J.) University Medical Center has announced a clinical affiliation with Palisades Medical Center in North Bergen, N.J.