Peoria, Ill.-based OSF HealthCare System and Rockford Health System are exploring a merger in which OSF would acquire Rockford Health, according to a report by the Rockford Register Star.
Transactions & Valuation Issues
Bert Fish Medical Center, a public hospital in New Smyrna Beach, Fla., is considering a merger with private, Orlando-based Florida Hospital, according to a report by the Daytona Beach News-Journal.
Merger plans for Valley Baptist Health System, based in Harlingen, Texas, and Knapp Medical Center in Weslaco, Texas, have ended, according to a report by the KGBT News.
Maine Medical Center in Portland plans to merge with Maine Cardiology Associates, based in South Portland and Cardiovascular Consultants of Maine, based in Scarborough, according to a report by the Portland Press Herald.
As capital markets begin to open up and healthcare reform starts to take shape, momentum for hospital acquisition activity is building, although the buyers and sellers may have different characteristics this time around.
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Vancouver-Wash.-based Southwest Washington Health System and Bellevue-Wash.-based PeaceHealth, which announced their intent to merge last month, could be exempt from a review from Washington State officials because they are not expanding either hospital system, according to a report in The…
Knoxville, Tenn.-based Covenant Health and Morristown (Tenn.)-Hamblen Healthcare System have announced plans to merge, according to a report by WBIR News.
Martha's Vineyard (Mass.) Hospital is opening a 90,000 square-foot, $48 million replacement hospital that benefits from its 2007 merger with Partners HealthCare in Boston, according to a report from the Martha's Vineyard Gazette.
Ville Platte (La.) Medical Center and Acadian Medical Center in Eunice, La., have officially merged into the newly created Mercy Regional Medical Center, according to a report by the Daily World.
In a committee meeting, Maine lawmakers removed a measure that would simplify the regulatory process for hospital and healthcare provider mergers, according to a report in The Sun Journal.