The board of Boise, Idaho-based St. Luke’s Health System has approved a merger between its hospital in Twin Falls and St. Benedicts Medical Center in Jerome, Idaho, according to a Times-News report. Under the agreement, St. Benedicts will become a…
Transactions & Valuation Issues
Greenville, N.C.-based University Health Systems of Eastern Carolina has acquired Pungo District Hospital in Belhaven, N.C., according to a WCTI report.
Naples, Fla.-based Health Management Associates’ acquisition of Knoxville, Tenn.-based Mercy Health Partners and its seven hospitals went into effect yesterday, and the Mercy system is now known as Tennova Healthcare, according to a HMA news release. The deal was estimated…
Des Moines-based Iowa Health System and Peoria, Ill.-based Methodist Health Services have finalized their partnership agreement, making Methodist the eighth affiliate of the system, according to an IHS news release. Under the agreement, IHS has committed to invest $175 million…
Dallas-based Methodist Health System has purchased the hospital facilities currently owned by Richardson Hospital Authority, according to a system news release. Effective Oct. 1, Methodist Richardson Medical Center will officially be part of Methodist Health System. The hospital has two…
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A 2.5-year merger between New York’s St. Peter’s Health Care Services, Northeast Health and Seton Health will finally close Oct. 1, according to a Business Review report. The new system, St. Peter’s Health Partners, will operate four N.Y. acute-care hospitals:…
The board of the financially-troubled Fulton County (Ark.) Hospital has rejected, without discussion, a management plan proposal by Baxter Regional Medical Center in Mountain Home, Ark., according to a Baxter Bulletin report. The decision was made Thursday morning in a…
Roswell-based Eastern New Mexico Medical Center, part of Franklin, Tenn.-based Community Health Systems, plans to buy 26-bed Roswell (N.M.) Regional Hospital, according to an Albuquerque Journal report.
The board overseeing Bert Fish Medical Center in New Symrna Beach, Fla., has agreed to pay $1 million to settle a suit over legal fees surrounding the hospital's merger with Adventist's Florida Hospital in Orlando, according to a Daytona Beach…
Bay Medical Center in Panama City, Fla., has signed a letter of intent with Plano, Texas-based LHP Hospital Group and Pensacola, Fla.-based Sacred Heart Health System, according to a News Herald report. The LOI was approved by Bay Medical’s board…