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.
Transactions & Valuation Issues
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.
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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.
Connecticut's Office of Health Care Access has given a green light to an affiliation between Hartford Hospital and the Hospital of Central Connecticut, according to a report in the Hartford Courant.
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.
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.