Boston-based Steward Health Care Systems and Landmark Medical Center in Woonsocket, R.I., have submitted a formal application to merge, according to a Boston Globe report. For-profit Steward signed an agreement to buy Landmark for $71 million in June. A health…
Transactions & Valuation Issues
Central Vermont Medical Center in Berlin and Fletcher Allen Health Care, based in Burlington, Vt., have announced that their boards have given final approval to a corporate affiliation between the two organizations that took effect Oct. 1, according to a…
The hospital sector represented approximately 1 percent of the entire healthcare industry's nearly $58.9 billion captured in mergers and acquisitions activity for the third quarter of 2011, according to a news release.
Advocate Christ Medical Center in Oak Lawn, Ill., has announced its affiliation with MD Anderson Physicians Network, according to a hospital news release.
After Ontario, Calif.-based Prime Healthcare Services agreed to buy Christ Hospital in Jersey City, N.J. earlier this summer, Prime asked that the sale of the hospital be expedited so the deal could clear by Dec. 31, 2011, according to a…
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Renton, Wash.-based Providence Health & Services and Seattle-based Swedish Health Services' proposal to form a non-profit system is expected to face heavy scrutiny from federal and state regulators, according to a Herald report.
Starke County officials are considering the sale of IU Health Starke Hospital in Knox, Ind., to IU Health LaPorte (Ind.) Hospital, according to a Post-Tribune report.
Colorado Attorney General John Suthers has approved HCA Holdings' proposed acquisition of the Colorado Health Foundation's 40 percent interest in HCA-HealthONE, according to a news release from the attorney general's office.
Ozarks Medical Center in West Plains, Mo., and Fulton County Hospital in Salem, Ark., will begin negotiations on a three-year management agreement next week, according to a South Missourian News report.
Teton Valley Health Care, a county-run hospital in Driggs, Idaho, is slated to transition into a non-profit entity called TVH under Bingham Memorial Hospital in Blackfoot, Idaho, according to a Teton Valley News report. The board on county commissioners has…