caccording to a report by The Hill.
Transactions & Valuation Issues
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…
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.
The CEO of WakeMed has said efforts to buy UNC Health Care’s Rex Hospital in Raleigh, N.C., are far from over, according to a Herald Sun report. Officials from UNC Health Care in Chapel Hill, N.C., rejected WakeMed’s offer to…
The Westerly (R.I.) Hospital and Lawrence & Memorial Hospital in New London, R.I., are researching a strategic alliance to align services, according to a Westerly Sun report. Leaders from the hospitals said the agreement is a non-binding letter of intent…