UPMC has filed a motion accusing Pittsburgh-based West Penn Allegheny Health System of non-compliance with a discovery request, according to a Pittsburgh Post-Gazette report.
Transactions & Valuation Issues
Geisinger Health System of Danville, Pa., has acquired Community Medical Center in Scranton, Penn., and its affiliates, according to a CMC news release.
Kaiser Permanente will soon renegotiate contracts with Eisenhower Medical Center in Rancho Mirage, Calif., Desert Regional Medical Center in Palm Springs, Calif., and John F. Kennedy Memorial Hospital in Indio, Calif., according to The Desert Sun.
Sanford Health, based in Fargo, N.D. and Sioux Falls, S.D., signed a definitive agreement to purchase Clearwater Health Services in Bagley, Minn., according to a Sanford Health news release.
Johnson Memorial Medical Center in Stafford Springs, Conn., and St. Francis Hospital in Hartford, Conn., have finalized an affiliation agreement, according to a Hartford Business report.
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Emil Rucigay, chair of Wyckoff Heights Medical Center's board of trustees, has stepped down as leader over his dissatisfaction with the hospital's plans to merge with two other Brooklyn, N.Y., hospitals — Brooklyn Hospital Center and Interfaith Medical Center, according…
For the fourth quarter of 2011, 247 healthcare merger and acquisition transactions totaling $40.2 billion were announced — a 12 percent drop in deal volume compared to the 282 deals announced in the fourth quarter of 2010, according to a…
There has been no shortage of merger and acquisition action in the Chicagoland area over the past year. Resurrection Health Care and Mokena, Ill.-based Provena Health officially merged in November, creating the largest Catholic healthcare system in Illinois. St. Louis-based…
Twin County Regional Healthcare in Galax, Va., has announced a definitive agreement with Duke LifePoint Healthcare of Brentwood, Tenn., for joint ownership of the hospital, according to a Twin County Regional news release.
Peoria, Ill-based OSF Healthcare System has signed a definitive agreement to acquire Ottawa (Ill.) Regional Hospital & Healthcare Center, according to an OSF news release.