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.,…
Transactions & Valuation Issues
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.…
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…
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…
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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…
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…