The board of trustees of the State University of New York has voted to allow SUNY Upstate Medical University, a 409-bed academic medical center in Syracuse, N.Y., to explore an acquisition of Community General Hospital, also in Syracuse, according to…
Transactions & Valuation Issues
A bankruptcy judge has approved the sale of Sumner Regional Health System, based in Gallatin, Tenn., after delaying a decision on the transaction last week, according to a report by the Nashville Business Journal.
Hospital Corporation of America has signed a letter of intent to purchase Mercy Hospital in Miami, according to a news release.
University Medical Center Corp. and University Physicians Healthcare, both in Tuscon, Ariz., have announced they will merge to form a $1.2 billion entity on July 1.
Knoxville, Tenn.-based Mercy Health Partners may sell its 101-bed Mercy Medical Center West campus and is currently working to determine the market value of the facility, according to a Mercy Health news release.
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The city of El Reno, Okla., reached an agreement this week with Mercy Health System of Oklahoma, based in Oklahoma City , that will resolve its issues with Parkview Hospital, according to a report by KSBI.
Plans for a three-way merger between Albany, N.Y.-based Northeast Health and St. Peter's Health Care Services and Troy, N.Y.-based St. Mary's Hospital are moving forward, according to a report by the Times Union.
Lebanon, N.H.-based Dartmouth-Hitchcock Health and Manchester, N.H.-based Catholic Medical Center have asked a county probate court to approve their affiliation after it was objected to by the state Attorney General in May, according to a report by the Union Leader.
The same bankruptcy judge who last week approved the sale of Gallatin, Tenn.-based Sumner Regional Health Systems has delayed a final ruling on the transaction, according to a report by the Nashville Business Journal.
A bankruptcy judge has approved the sale of Gallatin, Tenn,-based Sumner Regional Health Systems to LifePoint for $145 million, according to a report by the Nashville Business Journal.