As HCA plans to acquire the Colorado Health Foundation’s shares of its Denver-based joint venture, HCA/HealthONE, some critics are saying the deal abandons the community’s interest and public benefit, according to a Denver Post report. As part of its $1.45…
Transactions & Valuation Issues
Chicago’s Mercy Hospital and Medical Center is in talks to merge with Novi, Mich.-based Trinity Health — the same Catholic system that purchased Maywood, Ill.-based Loyola University Health System in July, according to a Crain’s Detroit Business report. The 479-bed…
Brentwood, Tenn.-based RegionalCare Hospital Partners has signed a definitive agreement to merge with Nashville, Tenn.-based Essent Healthcare, according to a RegionalCare news release. The merger will create a seven-hospital system. RegionalCare owns and operates four hospitals in Alabama, Iowa and…
The Southeast Volusia Hospital District, which operates Bert Fish Medical Center in New Smyrna Beach, Fla., has agreed to pay attorneys representing the Bert Fish Foundation just under $1 million to settle a claim by the attorneys that sought to…
The CEO of Redmond Regional Medical Center in Rome, Ga., is disappointed with Polk Medical Center’s selection of Floyd County and Floyd Healthcare Management to take over the hospital next year, according to a Rome News-Tribune report. Redmond, which is…
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More than 50 physicians have accused trustees of Warren Hospital in Phillipsburg, N.J., of forming an “exclusive agreement” to sell the hospital to Bethlehem, Pa.-based St. Luke’s Hospital and Health Network without input from medical staff, according to an Express-Times…
The following hospital transaction developments have taken place in the last two weeks, beginning with the most recent. 1. Vanguard Finalizes JV With Valley Baptist Health in TexasNashville, Tenn.-based Vanguard Health Systems finalized the terms of a joint venture with…
Members of the Jewish community in Louisville, Ky., are questioning the implications of Jewish Hospital’s participation in a merger that would create a new statewide Catholic health system, according to a Courier-Journal report. Under the merger, Jewish Hospital would abide…
caccording to a report by The Hill.
Trustees of Ivinson Memorial Hospital in Laramie, Wyo., are working to define criteria for potential collaboration between the hospital and another healthcare provider, according to a Laramie Boomerang report. Trustees are defining the criteria after Capella Healthcare, based in Franklin,…