Lawyers representing Moses Taylor Health Care in Scranton, Pa., have requested a hearing regarding the system’s sale to for-profit Nashville, Tenn.-based Community Health Systems, according to a Times Tribune report. As of Tuesday, the attorney general’s office had not set…
Transactions & Valuation Issues
Catholic Healthcare West is in talks with potential buyers for its Saint Mary’s Regional Medical Center in Reno, Nev., according to a Reno Gazette-Journal report. One potential buyer is Universal Health Services, a for-profit company based in King of Prussia,…
Englewood (N.J.) Hospital and Medical Center officials have requested a public hearing over Pascack Valley Hospital in Westwood, N.J., which is currently closed but in the works to be reopened, according to a report from The Record. This is the…
St. Joseph Medical Center in Towson, Md., has put out a call for a “strategic relationship” to a group of Maryland healthcare organizations, according to a Baltimore Business Journal report. The hospital plans to begin evaluating proposals within the next…
The proposed merger between Burlington, Mass.-based Lahey Clinic and Beverly, Mass.-based Northeast Health System has taken as step forward as the health systems filed documents outlining specific integration plans with the Massachusetts Department of Public Health last week, according to…
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Toledo, Ohio-based ProMedica is proposing the formation of a separate team to negotiate insurer contracts for its merger partner, St. Luke’s Hospital, in hopes to alleviate regulatory concerns, according to a Toledo Blade report. ProMedica acquired control of St. Luke’s…
Physicians have asked the Colorado attorney general to intervene in a transaction between Denver’s third-largest hospital system and a foundation, saying the transaction is an “outrageous” sleight of hand, according to a Denver Post report. Sisters of Charity of Leavenworth…
Phoenix-based Banner Health System is the latest suitor of Memorial Health System in Colorado Springs, Colo., joining Aurora-based University of Colorado Hospital as a potential partner for the health system, according to an article in the Northern Colorado Business Report.
The 1,000-bed Bergen Regional Medical Center in Paramus, N.J., could be put up for sale because it treats too many patients from outside the county and may need $13.2 million in upgrades this year, according to a report from The…
Six months after signing a letter of intent, Saints Medical Center in Lowell, Mass., has pulled out of a deal to be acquired by Steward Health Care System and is instead planning to merge with cross-town rival Lowell General Hospital,…