As Bay Medical Center officials in Panama City, Fla., work out the details of a potential 40-year lease with Plano, Texas-based LHP Hospital Group and Pensacola, Fla.-based Sacred Heart Health, charity care at the hospital is expected to remain at…
Transactions & Valuation Issues
Franklin, Tenn.-based Community Health Systems has acquired Moses Taylor Health Care in Scranton, Pa., according to a CHS news release. The acquisition went into effect Jan. 1. Moses Taylor includes the 217-bed Moses Taylor Hospital in Scranton and 25-bed Mid-Valley…
Beth Israel Deaconess Medical Center in Boston has taken the 81-bed Milton (Mass.) Hospital under its umbrella, according to a BIDC news release. The hospital will be renamed Beth Israel Deaconess Hospital-Milton to reflect the new relationship. The agreement, which…
Kentucky Gov. Steve Beshear has rejected the proposed three-system merger that would have combined a public safety-net hospital with a Catholic healthcare company to create a statewide system, according to a Courier-Journal report. The proposed plan would have merged the…
A U.S. District Court judge has issued an order to release the details of insurer Highmark's proposed acquisition of West Penn Allegheny Health System, according to a Pittsburgh Tribune-Review report.
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Kentucky Governor Steve Beshear is expected to approve or reject a proposed merger between three Kentucky health systems by the end of Friday, according to a report from The Courier-Journal. Gov. Beshear is waiting to receive a report on the…
Merger talks between Saint Mary’s Regional Medical Center in Reno, Nev., and Franklin, Tenn.-based Community Health Systems have fallen through, according to a Reno-Gazette Journal report. Saint Mary’s Regional CEO Mike Uboldi said Catholic Healthcare West, the hospital’s current operator,…
Sanford Health, based in Fargo, N.D., and Sioux Falls, S.D., and Bismarck, N.D.-based Medcenter One are discussing a possible merger, according to a Great Plains Examiner report.
St. Louis-based Ascension Health has reached an agreement to merge with Alexian Brothers Health System, which includes five hospitals and is based in Arlington Heights, Ill., according to a Crain’s Chicago Business report. The transaction was approved Dec. 6 by…
A Rhode Island nurses union is criticizing Rhode Island's Department of Health and Attorney General for their handling of proposed merger between Landmark Medical Center in Woonsocket, R.I., and Massachusetts-based Steward Health Care System, according to a report by The…