Employees at Shamokin Area Community Hospital in Coal Township, Pa., voted to dissolve their membership in the Office and Professional Employees International Union, just a day after the state approved the hospital's merger with Geisinger Medical Center, according to a…
Transactions & Valuation Issues
Highmark has confirmed that it will be responsible for Pittsburgh-based West Penn Allegheny Health System's $1 billion debt and pension obligations when the acquisition between the two entities is final, according to a Pittsburgh Tribune-Review report.
After losing $4 million last year, officials at Christ Hospital in Jersey City, N.J., said they are in negotiations to have Ontario, Calif.-based Prime Healthcare Services buy their hospital, according to a Jersey Journal report.
Kentucky Attorney General Jack Conway said the proposed merger between the University of Louisville (Ky.) Hospital and two systems within Denver-based Catholic Health Initiatives needs approval from Gov. Steve Beshear as well as the state's Finance and Administration Cabinet, according…
The Federal Trade Commission has filed a 52-page appellate brief with the U.S. 11th Circuit Court of appeals regarding Albany, Ga.-based Phoebe Putney Memorial Hospital's potential acquisition of Albany, Ga.-based Palmyra Medical Center, according to an Albany Herald report.
Pennsylvania's Department of Health and Attorney General have issued final approval on the merger between Shamokin Area Community Hospital in Coal Township, Pa., and Geisinger Medical Center in Danville, Pa., according to a Geisinger news release.
The Federal Trade Commission has approved Nashville, Tenn.-based Ardent Health Services' purchase of SouthCrest Hospital in Tulsa, Okla., and Claremore (Okla.) Regional Hospital from Franklin, Tenn.-based Community Health Systems, according to an FTC release.
Independent hospitals across the country are increasingly considering whether or sale or merger may be in their future. While some independent hospitals will continue to thrive, many more are likely to join larger systems in order to benefit from economies…
Three Kentucky lawmakers have asked University of Louisville President James Ramsey to attend a legislative committee session to explain the effects of University Hospital's pending merger with Denver-based Catholic Health Initiatives on reproductive and end-of-life patient care, according to a…
University of Maryland Medical System in Baltimore has agreed to assist in the turnaround of Dimensions Healthcare Systems' three public hospitals in Prince George County, according to a Washington Examiner report.