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…
Transactions & Valuation Issues
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,…
Nashville, Tenn.-based Vanguard Health Systems has finalized the terms of a joint venture with Valley Baptist Health Systems, based in Harlingen, Texas, according to a joint news release. Under the deal, Vanguard acquired a 51 percent interest in the assets…
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Franklin, Tenn.-based Community Health Systems has sold two of its Oklahoma hospitals to Tulsa, Okla.-based Ardent Health Services, according to a CHS news release. SouthCrest Hospital in Tulsa and Claremore (Okla.) Regional Hospital are now affiliates of Hillcrest HealthCare System,…
Chesterfield, Mo.-based Mercy has struck an agreement with Logan Medical Center in Guthrie, Okla., to acquire it and its four clinics, according to a Mercy news release. Under the deal, which will be finalized Oct. 1, the 25-bed LMC will…
The merger between Walter Reed Medical Center and the National Naval Medical Center will cost $1 billion more than its original estimate of $900 million in 2005, according to an NPR report. The cost to close Walter Reed in Washington,…
Financially strapped Peninsula Hospital in Faraway Rock, N.Y., may be purchased by a home healthcare company, according to a Crain's New York Business report.
The Cedartown-Polk County Hospital Authority is currently in discussions with Floyd Healthcare Management and the Hospital Authority of Floyd County regarding an operating agreement over Polk Medical Center, according to a Rome News-Tribune report.