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.
Transactions & Valuation Issues
University of Louisville President James Ramsey, PhD, broke his silence on the rejection of University Hospital's proposed merger with Jewish Hospital & St. Mary's Healthcare in Louisville, Ky., and St. Joseph Health System in Lexington, Ky., according to a report…
In a recent news conference, Woonsocket, R.I., Mayor Leo Fontaine, U.S. Rep David Cicilline and other supporters urged state regulators to approve the proposed merger between Landmark Medical Center in Woonsocket and Boston-based Steward Health Care Systems, according to a…
CHRISTUS St. Michael Health System based in Texarkana, Texas, has signed a letter of intent to discuss a lease agreement with Atlanta (Texas) Memorial Hospital, according to a KSLA News report.
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…
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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.
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.