A consulting firm has recommended 11 potential partners for Salinas (Calif.) Valley Memorial Healthcare System, according to a Californian report. Cain Brothers & Co. identified the following partners for SVMH to consider: • Adventist Health in Roseville, Calif.• Dominican Hospital…
Transactions & Valuation Issues
By early December, Cooley Dickinson Hospital in Northampton, Mass., is expected to select one of three potential partners to move forward with a merger or sale, according to a Daily Hampshire Gazette report. The finalists are Baystate Health Systems of…
Officials are in talks to turn Newark, N.J.’s University Hospital — the state medical school’s public teaching hospital — over to private Barnabas Health, according to a Real-Time News report. The University of Medicine and Dentistry of New Jersey, which…
A New Jersey senator has called for an investigation into the bankruptcy of Hoboken (N.J.) University Medical Center and its operator after a former HUMC attorney said the city board purposely drove the hospital into the ground, according to an…
Corcoran (Calif.) District Hospital is hoping to further merger discussions with Adventist Health by developing a special work group to “hammer out” the details of its final affiliation agreement, according to a Hanford Sentinel report. Roseville, Calif.-based Adventist and Corcoran,…
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Two South Carolina Counties have approved a deal that will merge Barnwell (S.C.) County Hospital and Bamberg (S.C.) County Hospital into a regional health system, according to a WJBF report.
A group of residents and politicians in Horry County, S.C., are urging voters to support a merger between Loris (S.C.) Healthcare System and McLeod Health, based in Florence, S.C., to improve quality of care, according to a Sun News report.…
Physicians Hospital System has acquired Aurora Hospital in Grand Forks, N.D., which will be re-opened as Doctors Hospital, according to a PHS news release.
Danville, Pa.-based Geisinger Health System has signed a definitive agreement to merge with Bloomsburg (Pa.) Health System, according to a Daily Item report. Upon regulatory approval, Bloomsburg’s approximately 800 employees will keep their jobs as the system merges into Geisinger.…
Alexian Brothers Health System, based in Arlington Heights, Ill., and Ascension Health, based in St. Louis, have signed a definitive agreement for ABHS to join the Ascension system, according to a joint news release. Terms of the agreement are confidential,…