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.
Transactions & Valuation Issues
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.
Reimbursement cuts can prompt physicians to increase their volume of services to make up for the loss in earnings, thereby reducing the money-saving effect of the cut, according to a study reported in Health Affairs.
Atlanta area hospitals are increasingly entering into joint-venture partnerships with other facilities as a means to expand their markets and improve efficiencies, according to a report by the Atlanta Journal Constitution.
Cooley Dickinson Hospital in Northampton, Mass., is exploring a partnership with a larger hospital in order to reduce costs, according to a report by The Republican.
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Ardent Health Services, a Nashville, Tenn.-based hospital operator will purchase Youngstown, Ohio-based Forum Health for $69.8 million, according to a report by the Nashville Business Journal.
Vanguard Health Systems and Detroit Medical Center have signed a final agreement for Vanguard's purchase of the eight-hospital health system, according to a report by the Detroit Free Press.
Community Hospital of Long Beach (Calif.) will explore a merger with Long Beach Memorial Medical Center, according to a report by the Gazettes Town-News.
Mission Health System in Asheville, N.C., and Transylvania Regional Hospital in Brevard, N.C., have approved a memorandum of understanding, putting them one step closer to finalizing the terms of an affiliation agreement, according to a report in The Asheville Citizen-Times.
Memorial Healthcare System has signed an affiliation deal with Florida International University's Herbert Wertheim College of Medicine and also with Florida Atlantic University, according to a Memorial Healthcare news release.