Underwood-Memorial Health Systems, based in Woodbury, N.J., and South Jersey Healthcare in Vineland, N.J., have signed a definitive agreement to merge, according to a joint news release. The organizations expect to receive state and federal approval for the merger this…
Transactions & Valuation Issues
Kentucky Governor Steve Beshear is scheduled to meet with officials from the recently rejected three-system merger this afternoon, according to a Business First report. University of Louisville President James Ramsey will also join the meeting. The three systems involved in…
Henry Medical Center in Stockbridge, Ga., is now part of the Atlanta-based Piedmont Healthcare system, according to a system news release. The 215-bed Henry has been renamed Piedmont Henry Hospital. The merger went into effect Jan. 1. The hospital includes…
Boston-based Steward Health Care System has hired lobbyist Joseph Walsh of Government Strategies Inc., and former mayor of Warwick, R.I., to assist the for-profit hospital operator in its dealings with regulators over its planned merger with Landmark Medical Center in…
Kingsburg (Calif.) District Hospital has agreed to allow Hospital Developers of Newport Beach buy its closed facility for roughly $1.5 million, according to a Fresno Bee report. Hospital Developers would like to reopen the hospital and offer outpatient surgery as…
Advertisement
Nine people have filed suit against Barnwell County (S.C.) Council members, claiming they breached their fiduciary duty in the sale of Barnwell County Hospital to Dobbs Equity Partners, according to an Augusta Chronicle report. In September, South Carolina’s Barnwell and…
Emory Healthcare and Saint Joseph’s Health System, both located in Atlanta, have finalized their partnership, according to a joint news release. The organizations announced their plans to form a joint operating company roughly 10 months ago. The arrangement, which went…
Kentucky Governor Steve Beshear wants to meet with the hospital participants involved in the proposed three-system merger he rejected last week, according to a Courier-Journal report. A date and agenda for the meeting has not yet been set. Gov. Beshear…
The following hospital mergers and acquisitions took place within the past two weeks, beginning with the most recent. 1. Kentucky Gov. Steve Beshear Rejects 3-System MergerKentucky Gov. Steve Beshear has rejected a proposed three-system merger between public University Hospital in…
Although Medcenter One in Bismarck, N.D., has not agreed to merge with Sanford Health, based in Fargo, N.D., and Sioux Falls, S.D., officials have confirmed the two systems are discussing strategies to work together more closely, according to a Great…