Last month, Renton, Wash.-based Providence Health & Services and Seattle-based Swedish Health Services announced plans to form one of the most unique healthcare partnerships of the year. Under the proposed deal, each organization will keep its respective name and identity…
Transactions & Valuation Issues
Denver-based HCA-HealthOne is offering more than $500 million to lease Memorial Health System, a city-owned system in Colorado Springs, according to a report from The Gazette. HCA-HealthOne is also offering to let the city of Colorado Springs keep all of…
An epidemiologist has filed a civil suit in an attempt to stop the consolidation of Phoebe Putney Memorial Hospital and Palmyra Medical Center, both based in Albany, Ga., according to a WALB report. Under the proposed deal, Phoebe Putney would…
After a slow start to the year, merger and acquisition activity for managed care companies has more than doubled in the second half of the year, according to a report by Irving Levin and Associates.
Discussions of a possible merger between Tulane University Medical Center and Ochsner Health System, both in New Orleans, have been put on hold, according to a WWLTV report.
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Members of the Scranton, Pa., community have shown “overwhelming support” to sell its Moses Taylor Hospital to Franklin, Tenn.-based Community Health Systems, according to a Times-Tribune report. A public hearing on the transaction was held last night, where Moses Taylor…
Palm Drive Hospital in Sebastopol, Calif., has made its selection out of numerous intereted health systems, and is beginning exclusive negotiations with Marin General Hospital in Greenbrae, Calif., to form an affiliation, according to a Press Democrat report. As proposed,…
A large portion of the $475 million that Pittsburgh-based Highmark will pay for West Penn Allegheny Health System, also in Pittsburgh, is comprised of loans, according to a Pittsburgh Tribune-Review report. Terms of the acquisition were recently revealed in the…
The following hospital mergers and acquisitions took place within the past two weeks, beginning with the most recent. 1. Two Rochester Health Systems Bid on Auburn Memorial in New YorkAuburn (N.Y.) Memorial Hospital is looking at the University of Rochester…
Auburn (N.Y.) Memorial Hospital is looking at the University of Rochester Medical Center and Rochester General Health System as potential partners, according to a Democrat and Chronicle report. Rochester General Health System and University of Rochester Medical Center confirmed that…