The hospital sector represented approximately 1 percent of the entire healthcare industry's nearly $58.9 billion captured in mergers and acquisitions activity for the third quarter of 2011, according to a news release.
Transactions & Valuation Issues
Advocate Christ Medical Center in Oak Lawn, Ill., has announced its affiliation with MD Anderson Physicians Network, according to a hospital news release.
After Ontario, Calif.-based Prime Healthcare Services agreed to buy Christ Hospital in Jersey City, N.J. earlier this summer, Prime asked that the sale of the hospital be expedited so the deal could clear by Dec. 31, 2011, according to a…
Renton, Wash.-based Providence Health & Services and Seattle-based Swedish Health Services' proposal to form a non-profit system is expected to face heavy scrutiny from federal and state regulators, according to a Herald report.
Starke County officials are considering the sale of IU Health Starke Hospital in Knox, Ind., to IU Health LaPorte (Ind.) Hospital, according to a Post-Tribune report.
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Colorado Attorney General John Suthers has approved HCA Holdings' proposed acquisition of the Colorado Health Foundation's 40 percent interest in HCA-HealthONE, according to a news release from the attorney general's office.
Ozarks Medical Center in West Plains, Mo., and Fulton County Hospital in Salem, Ark., will begin negotiations on a three-year management agreement next week, according to a South Missourian News report.
Teton Valley Health Care, a county-run hospital in Driggs, Idaho, is slated to transition into a non-profit entity called TVH under Bingham Memorial Hospital in Blackfoot, Idaho, according to a Teton Valley News report. The board on county commissioners has…
The Illinois Health Facilities and Services Review Board has approved the merger of Mokena, Ill.-based Provena Health and Chicago's Resurrection Health Care, according to a Provena news release.
The total number of suitors interested in leasing Memorial Health System is now up to five, as HCA-HealthOne and Memorial Health System’s current board also have established plans to bid, according to a Colorado Springs Gazette report. Denver-based HCA-HealthOne owns…