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…
Transactions & Valuation Issues
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…
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…
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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.
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…