The Illinois health board has signed off on a proposed affiliation between Des Moines-based Iowa Health System and Peoria, Ill.-based Methodist Health Services, according to an IHS news release. The Illinois Health Facilities and Services Review Board approved a Certificate…
Transactions & Valuation Issues
A merger between Orlando, Fla.-based Health Central and Orlando Health has run into a problem, as system executives discovered an outright purchase by Orlando Health might not be possible, according to an Orlando Sentinel report. Richard Irwin, CEO of Health…
The University of Colorado Hospital is ready to jumpstart discussions of a possible joint venture with Memorial Health System in Colorado Springs, according to a Gazette report. The discussions would precede voters’ decision whether to give the City Council authority…
A proposed joint venture between Valley General Hospital in Monroe, Wash., and Capella Healthcare has bumped other local hospital contenders out of the running, according to a Herald report. Valley General had said it was in business deal discussions with…
Bay Medical Center in Panama City, Fla., is dealing with funding cuts and $30 million per year in uncompensated services, and it is continuing to explore an affiliation with a larger health system to help absorb the financial strain, according…
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A consulting report recommending the consolidation of three hospitals in New Jersey has earned the support of at least one hospital executive, according to an article from the Hudson Reporter. Consultants from Navigant recommend that Christ Hospital in Jersey City,…
Jerry Johnson, an ex-state Democratic Party chairman, will be paid $200,000 this year to advise the president of Kentucky’s University of Louisville on the pending hospital merger, according to a Courier-Journal report. In January, the University of Louisville Foundation hired…
Westerly (R.I.) Hospital is aggressively seeking a partnership with another institution, as it may be “unable to sustain itself” without, according to a Westerly Sun report. William McKendree, chairman of the hospital board, said hospital officials have been discussing…
The potential merger between Nashville, Tenn.-based Vanguard Health Systems and Chicago-based Holy Cross Hospital has been canceled, according to a Chicago Sun-Times report.
The Federal Trade Commission has approved the partnership between Stockbridge, Ga.-based Henry Medical Center and Atlanta-based Piedmont Healthcare, according to a joint news release.