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…
Transactions & Valuation Issues
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…
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The Federal Trade Commission is making its oral argument in its appeal regarding a June decision that dismissed the FTC’s claim of jurisdiction over the merger of Albany, Ga.-based Phoebe Putney Memorial Hospital and Palmyra Medical Center, according to a…
Creditors of Hoboken (N.J.) University Medical Center have accepted a $10.2 million settlement offer, allowing the cash-strapped hospital to move on with its sale to a for-profit group, according to a Wall Street Journal report. The settlement still needs to…
Renton, Wash.-based Providence Health & Services and Seattle-based Swedish Health Services will join to form a new, unique non-profit system, according to a joint news release. While Providence and Swedish will combine their individual hospitals under one umbrella, each system…
Voters in the special district that oversees Loris (S.C.) Healthcare System will vote on Nov. 1 whether or not to merge with Florence, S.C.-based McLeod Health, according to a WPDE News report.
Cooley Dickinson Hospital in Northampton, Mass., will delay its decision on a merger or sale with another hospital, pushing it back from the end of November to the end of February, according to a Daily Hampshire Gazette report. Hospital officials…