The following developments were reported within the past week, beginning with the most recent. 1. Colorado’s Centura Healthcare is Memorial Health System’s Latest SuitorJoining Phoenix-based Banner Health and University of Colorado Hospital, Englewood, Colo.-based Centura Healthcare became the latest suitor…
Transactions & Valuation Issues
Englewood, Colo.-based Centura Healthcare is joining Phoenix-based Banner Health and University of Colorado Hospital as the latest suitor to lease Memorial Health System in Colorado Springs, Colo., according to a Colorado Springs Gazette report. Centura’s deadline to indicate interest in…
Lawyers representing Moses Taylor Health Care in Scranton, Pa., have requested a hearing regarding the system’s sale to for-profit Nashville, Tenn.-based Community Health Systems, according to a Times Tribune report. As of Tuesday, the attorney general’s office had not set…
Catholic Healthcare West is in talks with potential buyers for its Saint Mary’s Regional Medical Center in Reno, Nev., according to a Reno Gazette-Journal report. One potential buyer is Universal Health Services, a for-profit company based in King of Prussia,…
Englewood (N.J.) Hospital and Medical Center officials have requested a public hearing over Pascack Valley Hospital in Westwood, N.J., which is currently closed but in the works to be reopened, according to a report from The Record. This is the…
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St. Joseph Medical Center in Towson, Md., has put out a call for a “strategic relationship” to a group of Maryland healthcare organizations, according to a Baltimore Business Journal report. The hospital plans to begin evaluating proposals within the next…
The proposed merger between Burlington, Mass.-based Lahey Clinic and Beverly, Mass.-based Northeast Health System has taken as step forward as the health systems filed documents outlining specific integration plans with the Massachusetts Department of Public Health last week, according to…
Toledo, Ohio-based ProMedica is proposing the formation of a separate team to negotiate insurer contracts for its merger partner, St. Luke’s Hospital, in hopes to alleviate regulatory concerns, according to a Toledo Blade report. ProMedica acquired control of St. Luke’s…
Physicians have asked the Colorado attorney general to intervene in a transaction between Denver’s third-largest hospital system and a foundation, saying the transaction is an “outrageous” sleight of hand, according to a Denver Post report. Sisters of Charity of Leavenworth…
Phoenix-based Banner Health System is the latest suitor of Memorial Health System in Colorado Springs, Colo., joining Aurora-based University of Colorado Hospital as a potential partner for the health system, according to an article in the Northern Colorado Business Report.