Pittsburgh-based West Penn Allegheny Health System has released 14 more pages of its affiliation agreement with insurer Highmark, revealing its contracts with physician groups and other providers, according to a Pittsburgh Tribune-Review report. The disclosure comes after a federal judge…
Transactions & Valuation Issues
The America Hospital Association has issued voluntary guidelines for hospitals considering changes in ownership, according to an AHA News Now report.
McKenzie County Healthcare Systems of Watford City, N.D. will affiliate with St. Alexius Medical Center in Bismarck, N. D., in February, according to a Bismarck Tribune report.
University Hospital in Louisville, Ky., is facing a few different options after Kentucky Gov. Steve Beshear rejected its merger with a Catholic statewide system, according to a Courier-Journal report. UH CEO James Taylor has indicated that, due to the hospital’s…
In 2011, 980 healthcare merger and acquisition deals were recorded, worth $227.4 billion, up 11 percent from $205.6 billion in 2010, according to an Irving Levin Associates report.
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Leaders of St. Mary Medical Center in Apple Valley, Calif. made a $35 million offer to purchase Victor Valley Community Hospital in Victorville, Calif, according to a San Bernardino Sun report.
Marietta, Ga.-based WellStar Health System has signed a letter of intent to acquire OrthoSport Physical Therapy to expand the health system's rehabilitation services, according to a WellStar news release.
Advocate Christ Medical Center in Oak Lawn, Ill., announced its affiliation with MD AndersonPhysicians Network.
Northern Michigan Regional Hospital in Petoskey, Mich., has joined McLaren Health Care located in Flint Township, Mich., according to a McLaren Health Care news release.
The following hospital mergers and acquisitions took place within the past two weeks, beginning with the most recent. 1. Marquette General Hospital in Michigan Seeks PartnershipThe board of directors for Marquette (Mich.) General Hospital has made an announcement that it…