DLP Healthcare, the joint venture between Duke University Health System and LifePoint Hospitals, has acquired a majority of the assets of Charlotte, N.C.-based MedCath Partners, a division of MedCath that operates cardiac catheterization labs for $25 million, according to a…
Transactions & Valuation Issues
Elyria, Ohio-based EMH Healthcare is planning to convert its EMH Amherst (Ohio) Hospital into a standalone emergency treatment center and skilled nursing facility this summer, according to a Morning Journal report.
Earlier this week Community Health Systems offered its third and supposedly final offer to acquire Tenet Healthcare Corp. at $7.25 per share, but analysts say the offer won't likely be enough to woo Tenet into a sale, according to a…
Manhasset, N.Y.-based North Shore-LIJ Health System and Montefiore Medical Center in Bronx, N.Y., have formed a strategic alliance to share best practices related to quality, clinical services and operational efficiencies, according to a North Shore-LIJ release. Both providers will remain…
Many healthcare facility and property owners have a surplus of undeveloped land near their existing building, but they don't know how to use the excess property to their advantage, according to a report from Principle Valuation.
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Franklin, Tenn.-based Capella Healthcare has requested to make an offer for Whidbey General Hospital in Coupeville, Wash., at an upcoming board meeting as an alternative to a $50 million bond, according to a Whidbey Examiner report.
Naples, Fla.-based Health Management Associates is in negotiations with Knoxville, Tenn.-based Mercy Health Partners, part of Cincinnati-based Catholic Health Partners, to acquire its seven hospitals, according to an HMA news release.
Naples, Fla.-based Health Management Associates has completed the transaction to form a joint venture with the current physician owners of 112-bed Tri-Lakes Medical Center in Batesville, Miss., according to an HMA news release.
Nashville, Tenn.-based HCA has completed its acquisition of Miami's 473-bed Mercy Hospital, according to an HCA news release.
Franklin, Tenn.-based IASIS Healthcare has completed its acquisition of a 79 percent ownership interest in Houston's 792-bed St. Joseph Medical Center, according to an IASIS news release.