The Illinois Health Facilities and Services Review Board has approved the acquisition of Ottawa (Ill.) Regional Hospital by OSF Healthcare System in Peoria, Ill., according to a report by The Times.
Transactions & Valuation Issues
The healthcare industry has attracted a great deal of interest from private equity firms over the last few years. Many healthcare professionals believe the interest will continue, if not increase, as healthcare reform and other changes sweep U.S. healthcare. Private…
Texas Health Resources in Arlington has signed a letter of intent with Adventist Health System in Altamonte Springs, Fla., which "enables the organizations to consider forming a company" to own and operate Huguley Memorial Medical Center in Burleson, Texas, according…
The University of Louisville (Ky.) has postponed its selection of a new healthcare partner for its University Hospital in Louisville until June 30, according to a Courier-Journal report.
The following hospital mergers and acquisitions took place within the past week, beginning with the most recent.
Advertisement
The U.S. healthcare landscape is undergoing a unique, transformative period. Many changes, soon to be or already implemented, are affecting the operations and philosophy of the industry.
Lawrence & Memorial Hospital in New London, Conn., has submitted a "preliminary nonbinding proposal" to acquire some, or all, of Westerly (R.I.) Hospital's assets, according to a report by The Day.
The Rhode Island Senate unanimously approved a bill yesterday to eliminate a requirement that for-profit hospital corporations wait three years between acquiring hospitals, according to a Providence Journal report.
OSF Healthcare in Peoria, Ill., and Rockford (Ill.) Health have canceled plans to merge, with "great reluctance," citing the preliminary injunction granted to halt the deal and the prospect of a two-year legal battle with the Federal Trade Commission as…
Partners HealthCare System in Boston may be discussing an acquisition of South Shore Hospital in Weymouth, Mass., according to a Boston Globe report.