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…
Transactions & Valuation Issues
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.
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The 1,000-bed Bergen Regional Medical Center in Paramus, N.J., could be put up for sale because it treats too many patients from outside the county and may need $13.2 million in upgrades this year, according to a report from The…
Six months after signing a letter of intent, Saints Medical Center in Lowell, Mass., has pulled out of a deal to be acquired by Steward Health Care System and is instead planning to merge with cross-town rival Lowell General Hospital,…
Colorado Springs, Colo.-based Memorial Health System is expected to send out a request for proposals for potential partners to lease the city-owned health system's facilities, according to a Gazette report.
Kentucky Attorney General Jack Conway has ruled that University Hospital in Louisville is a public institution — a decision that could affect a three-system merger in Kentucky, according to a Courier-Journal report. Organizations had requested the AG declare University Medical…
Textbook terms and best practices are useful in theory, but can leave gaping holes in hospital mergers and acquisitions. To prevent unanticipated consequences that can unwind deals, leaders need to examine problem areas that might be overlooked or underestimated in…