Brooklyn-based Revival Home Health Care will operate Peninsula Hospital in Far Rockaway, N.Y., and has extended an $8 million line of credit to the hospital to keep it open, according to a New York Daily News report.
Transactions & Valuation Issues
The Westerly (R.I.) Hospital is stressing the importance of physician input as it explores an affiliation with Lawrence & Memorial Hospital in New London, R.I., according to a Westerly Sun report. The two parties announced the exploration of an affiliation…
Pauls Valley (Okla.) General Hospital may be weeks away from finalizing a partnership, according to a Pauls Valley Democrat report. PVGH CEO Gayle Sturgis has said the hospital narrowed its potential partnerships down from a handful to two. The hospital…
Colorado Attorney General John Suthers has said HCA’s $1.45 billion purchase of the Colorado Health Foundation’s hospital interests in Denver-based HealthONE is not a non-profit “conversion” and, therefore, does not require strict state scrutiny, according to a Denver Post report.…
The American Civil Liberties Union of Kentucky and The Courier-Journal have asked state Attorney General Jack Conway to declare University Hospital in Louisville a public institution and provide documents under the Open Records Act, according to a Courier-Journal report. The…
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Boston-based for-profit Steward Healthcare has yet to file for state approval of its planned acquisition of Landmark Medical Center in Woonsocket, R.I., but a spokesman for the hospital operator says it is still committed to the merger, according to a…
Bert Fish Medical Center in New Smyrna Beach, Fla., has officially ended its merger with Adventist Health’s Florida Hospital in Orlando. Bert Fish has returned to public control, under the Southeast Volusia Hospital District.
A physician member of Warren Hospital’s Board of Trustees has resigned via email, saying the Phillipsburg, N.J.-hospital’s medical staff was “left in the dark” about a recent decision to merge with St. Luke’s Hospital and Health System in Bethlehem, Pa.,…
Massachusetts Attorney General Martha Coakley’s Office has approved the transfers of Morton Hospital in Taunton and Quincy (Mass.) Medical Center to an affiliate of Steward Health Care System, according to a news release from the AG office. The AG signed…
The Federal Trade Commission has signed off on Naples, Fla.-based Health Management Associates’ acquisition of Cincinnati-based Catholic Health Partners, according to a NASDAQ report. The notice of early termination reflects the FTC’s decision to not pursue more rigorous antitrust investigation.…