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…
Transactions & Valuation Issues
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…
Members of the Jewish community in Louisville, Ky., are questioning the implications of Jewish Hospital’s participation in a merger that would create a new statewide Catholic health system, according to a Courier-Journal report. Under the merger, Jewish Hospital would abide…
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caccording to a report by The Hill.
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…