A New Jersey senator has called for an investigation into the bankruptcy of Hoboken (N.J.) University Medical Center and its operator after a former HUMC attorney said the city board purposely drove the hospital into the ground, according to an…
Transactions & Valuation Issues
Corcoran (Calif.) District Hospital is hoping to further merger discussions with Adventist Health by developing a special work group to “hammer out” the details of its final affiliation agreement, according to a Hanford Sentinel report. Roseville, Calif.-based Adventist and Corcoran,…
Two South Carolina Counties have approved a deal that will merge Barnwell (S.C.) County Hospital and Bamberg (S.C.) County Hospital into a regional health system, according to a WJBF report.
A group of residents and politicians in Horry County, S.C., are urging voters to support a merger between Loris (S.C.) Healthcare System and McLeod Health, based in Florence, S.C., to improve quality of care, according to a Sun News report.…
Physicians Hospital System has acquired Aurora Hospital in Grand Forks, N.D., which will be re-opened as Doctors Hospital, according to a PHS news release.
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Danville, Pa.-based Geisinger Health System has signed a definitive agreement to merge with Bloomsburg (Pa.) Health System, according to a Daily Item report. Upon regulatory approval, Bloomsburg’s approximately 800 employees will keep their jobs as the system merges into Geisinger.…
Alexian Brothers Health System, based in Arlington Heights, Ill., and Ascension Health, based in St. Louis, have signed a definitive agreement for ABHS to join the Ascension system, according to a joint news release. Terms of the agreement are confidential,…
Denver-based Centura Health plans to sell St. Anthony Granby (Colo.) Medical Center for $2.6 million to Kremmling (Colo.) Memorial Hospital District, according to a Denver Business Journal report. The sale is part of a new affiliation agreement between the two…
Baxter Regional Medical Center in Mountain Home, Ark., and Ozarks Medical Center in West Plains, Mo., will soon present offers to lease Fulton County Hospital in Salem, Ark., according to a Villager Journal report.
In midst of heightened scrutiny, a three-system merger in Kentucky has exemplified innovative strategies to meet public, regulatory and religious approval in the past year. The deal, while not finalized, has managed to break the mold in a few different…