The proposed three-hospital system merger in Kentucky would leave the parent company of one participant with $83 million more in funds, according to a Courier-Journal report. Jewish Hospital HealthCare is the parent company of Jewish Hospital & St. Mary’s HealthCare,…
Transactions & Valuation Issues
Atlanta-based SunLink Health Systems and Oklahoma City-based Foundation Healthcare Affiliates have ended discussions to merge, according to a SunLink news release. Robert Thornton, SunLink chairman and CEO, said “differences in the parties’ respective business models, philosophies and operating assets drove…
University Hospital in Louisville, Ky., has filed a lawsuit against the American Civil Liberties Union, a local newspaper and local news network that have requested documents on the hospital’s proposed merger, according to a Courier-Journal report. University Hospital filed the…
Brentwood, Tenn.-based RegionalCare Hospital Partners and Nashville, Tenn.-based Essent Healthcare have completed their merger, according to a Tennessean report. Under the deal, RegionalCare will absorb Essent and operate its seven rural hospitals in six states. Financial terms of the deal…
The sale of Hoboken (N.J.) University Medical Center to for-profit HUMC Holdco was finalized on Friday, according to a Jersey Journal report. HUMC Holdco won a competitive bid in April to run HUMC after the hospital’s previous non-profit operator filed…
Advertisement
Hospitals considering a merger or acquisition may benefit from the efficiencies that can be realized through integrating each organizations' contract lifecycle management system. A white paper, penned by Mike Cram, practice leader of CLM, Rob Fellman, senior consultant, and Tony…
Cooley Dickinson Hospital in Northampton, Mass., has cut Nashville, Tenn.-based Vanguard Health Systems from its list of potential partners, leaving Baystate Health System in Springfield, Mass., and Massachusetts General Hospital in Boston as the remaining two suitors, according to a…
Jackson, Miss.-based Baptist Health Systems has acquired Leake Memorial Hospital/Extended Care in Carthage, Miss., according to a Baptist news release.
Alexian Brothers Health System, based in Arlington Heights, Ill., and Ascension Health, based in St. Louis, signed a definitive agreement for ABHS to join the Ascension system. The agreement now goes to the Illinois Health Facilities and Services Review Board…
Novi, Mich.-based Trinity Health has signed a letter of intent to acquire Mercy Hospital & Medical Center in Chicago, according to a Crain’s Chicago Business report. The two organizations have held informal merger discussions for about a year, according to…