The board of directors at Henderson, N.C.-based Maria Parham Medical Center and Duke LifePoint Healthcare have signed an agreement to jointly own and operate MPMC, according to system news release.
Transactions & Valuation Issues
Flint, Mich.-based McLaren Health Care and Northern Michigan Regional Health System in Petoskey, Mich., have an entered into an agreement to explore a system affiliation, according to a NMRHS news release.
Saints Medical Center in Lowell, Mass., has entered into an asset purchase agreement to become a part of Boston-based Steward Health Care, according to a joint news release.
Corcoran (Calif.) District Hospital's board of directors approved an agreement to enter talks with Hanford, Calif.-based Adventist Health Central Valley Network about a possible takeover, according to a Hanford Sentinel report.
Nashville, Tenn.-based HCA's plans to acquire the Colorado Health Foundation's shares of its Denver-based joint venture HCA-HealthOne for $1.45 billion would not include a guarantee that HCA would keep all of the HealthOne hospitals open, according to a Denver Post…
The University of Louisville (Ky.) Hospital's recent merger plans with Louisville, Ky.-based Jewish Hospital & St. Mary's HealthCare and Lexington, Ky.-based Saint Joseph Health System — both a part of Denver-based Catholic Health Initiatives — will be subject to review…
Proposed merger plans between Northeast Health System in Beverly, Mass., and Lahey Clinic in Burlington, Mass., would not include the loss of acute-care status for Gloucester, Mass.-based and NHS affiliate Addison Gilbert Hospital, according to a Gloucester Times report.
University of Maryland Medical System in Baltimore may be taking over management and ownership of Prince George County's three financially strapped public hospitals by 2013, according to a Gazette news report.
Here are 15 hospital transactions that occurred in the past two weeks, beginning with the most recent. 1. Allendale County Hospital in Fairfax, S.C., has withdrawn its plan to join with Bamberg (S.C.) County Hospital and Barnwell (S.C.) County Hospital…
Allendale County Hospital in Fairfax, S.C., has withdrawn its plan to join with Bamberg (S.C.) County Hospital and Barnwell (S.C.) County Hospital to form the proposed Tri-County Regional Health System, according to a Times and Democrat report.