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:…
Transactions & Valuation Issues
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…
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Following last week’s ruling that Portsmouth (N.H.) Regional Hospital will remain under the Hospital Corporation of America umbrella, the Foundation for Seacoast Health has announced its plans to appeal the decision, according to a Seacoast Online report. The Foundation will…
Under a proposed merger plan, Connecticut’s Yale-New Haven Hospital will buy the assets of Hospital of Saint Raphael, also in New Haven, to create a single hospital with two campuses, according to a Hartford Courant report. Yale-New Haven and St.…
Meridian, Miss.-based Anderson Regional Medical Center and Philadelphia, Miss.-based Neshoba County General Hospital-Nursing Home officially entered into an affiliation. The affiliation gives NCGH access to ARMC’s comprehensive cancer center.
Canandaigua, N.Y.-based Thompson Health and University of Rochester (N.Y.) Medical Center are discussing a formal affiliation, according to a Fairport-East Rochester Post report. The community health system and academic medical center would help each other deal with obstacles like reduced…
Baxter Regional Medical Center in Mountain Home, Ark., and a financially-troubled Fulton County (Ark.) Hospital are eyeing a management agreement, according to a Baxter Bulletin report. Under the proposal, Fulton County hospital would operate under the Baxter Regional umbrella. According…