Pittsburgh-based West Penn Allegheny Health System expects approval of its affiliation with Highmark, also based in Pittsburgh, by fall, according to a Pittsburgh-Post Gazette report.
Transactions & Valuation Issues
Christ Hospital in Jersey City, N.J., is considering Chapter 11 bankruptcy as a next step after Ontario, Calif.-based Prime Healthcare yesterday withdrew its offer for the struggling facility, according to a report by the Hudson Reporter.
Ontario, Calif.-based Prime Healthcare has withdrawn its offer to purchase Christ Hospital in Jersey City, N.J., according to a Jersey Journal report.
St. Joseph Medical Center in Towson, Md., has narrowed its search for a strategic partner to three candidates, according to a Baltimore Sun report.
St. Luke's Hospital and Health Network, based in Bethlehem, Pa., and Warren Hospital in Phillipsburg, N.J., have officially merged, according to a St. Luke's news release.
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Huntsville (Ala.) Hospital has announced plans to purchase 150-bed Hartselle (Ala.) Medical Center, according to a Hartselle Medical news release.
Providence Health & Services, based in Renton, Wash., and Seattle-based Swedish Health Services have finalized their affiliation, according to a joint news release.
Community Health Systems, based in Franklin, Tenn., has announced the formation of a regional healthcare system, Commonwealth Health, according to a Times Leader report.
Louisville, Ky.-based Merit Health Systems, has finalized the sale of its Nix Health Care System, based in San Antonio, to Prospect Medical Holdings in Los Angeles, according to a Merit news release.
Nashville, Tenn.-based Hospital Corporation of America has acquired Galichia Heart Hospital in Wichita, Kan., according to an HCA news release.