Brentwood, Tenn.-based Community Health Systems has dropped out of the bidding process to lease Memorial Health System, based in Colorado Springs, Colo., according to a Colorado Springs Gazette report. HCA-HealthOne is now the only for-profit company bidding for Memorial. The…
Transactions & Valuation Issues
Boston-based Steward Health Care System is offering to sell 11 medical office buildings on the campuses of its Massachusetts hospitals, clarifying that the hospital system is “not a real estate company,” according to a Steward spokesperson cited in a Boston…
Peoria, Ill.-based OSF Healthcare and Rockford (Ill.) Health executives plan to contest the FTC’s decision that an acquisition between the systems will reduce competition, according to a Rockford Register Star report. OSF announced plans to acquire Rockford Health last year…
As healthcare organizations continue to merge or acquire, some hospitals are taking a more flexible route and are becoming “strategic partners” to tackle challenges unleashed by healthcare reform. Colloquially, a strategic partnership may stir ideas of loose affiliations or the…
Officials from Louisville, Ky.-based University Hospital recently said the hospital’s future is dismal if it doesn’t merge with Louisville-based Jewish & St. Mary’s and Lexington, Ky.-based St. Joseph Health System to form a new statewide system, according to a Courier-Journal…
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Winter Haven Hospital in Florida has sent requests for proposals of affiliation to five non-profit health systems, according to a Winter Haven News Chief report. The five Florida systems are Winter Park-based Adventist Health System, Clearwater-based BayCare Health System, Mayo…
Cascade Valley Hospital in Arlington, Wash., is exploring a possible partnership with Skagit Valley Hospital in Mount Vernon, Wash., and Island Hospital in Anacortes, Wash., according to a report by The Herald.
Richmond University Medical Center in Staten Island, N.Y., is nearing a clinical affiliation agreement with Mount Sinai Medical Center, based in Queens, according to a Staten Island North Shore report.
Louisville, Ky.-based Baptist Healthcare has entered into exclusive negotiations to acquire the assets of Madisonville, Ky.-based Trover Health System, according to a Courier Press report.
The Federal Trade Commission posted a complaint today challenging the proposed acquisition of Rockford (Ill.) Health System by Peoria, Ill.-based OSF HealthCare, according to a Rockford Register Star report.