Evergreen Healthcare in Kirkland, Wash., and Virginia Mason Medical Center in Seattle, have approved their strategic partnership, according to a joint news release.
Transactions & Valuation Issues
High Point (N.C.) Regional Health System's board of trustees has approved the search for a strategic partner, according to a Business Journal report.
Winter Haven (Fla.) Hospital has narrowed its field of potential partners to BayCare Health System in Clearwater, Fla., Mayo Clinic Jacksonville (Fla.) and Shands Healthcare at University of Florida in Gainesville, Fla., according to a News Chief report.
Carroll County Memorial Hospital in Carrollton, Mo., and Norton Healthcare in Louisville, Ky., have announced an affiliation agreement, according to a Madison Courier report.
Prime Healthcare Services in Ontario, Calif., has acquired Roxborough Memorial Hospital in Philadelphia, according to a Prime Healthcare news release.
Monterey County officials have contacted Salinas (Calif.) Valley Memorial Hospital expressing interest in a partnership, according to a Monterrey County Herald report.
Wichita County Commissioners have approved the sale of the old Wichita General Hospital property in Wichita Falls, Texas, for $2.5 million, according to a Times Record News report.
University Hospital in Louisville, Ky., has attracted interest from KentuckyOne Health — the newly merged system that UH unsuccessfully tried to join just a few months ago, according to a Courier Journal report.
In the last three years, there have been roughly 20 hospital transactions in which a Catholic-sponsored facility joined with smaller, secular organizations, according to a New York Times report.
The Commonwealth Medical College in Scranton, Pa., and the University of Scranton (Pa.) are continuing discussions about a possible affiliation, according a joint statement by the organizations.