University of North Carolina at Asheville and Mission Health System, based in Asheville, have entered into a formal affiliation to develop collaborative healthcare programs, according to an Asheville Citizen-Times report.
Transactions & Valuation Issues
Atlanta-based St. Joseph’s Health System and Emory Healthcare have reportedly filed a required notice with the state Attorney General’s Office for a new joint operating company: Emory/Saint Joseph’s, according to an Atlanta Business Chronicle report. The proposed deal will leave…
University of Louisville officials have begun negotiations with a local provider to offer tubal ligations as the academic hospital prepares to merge with two Kentucky hospitals in the Denver-based Catholic Health Initiatives system, according to a Courier-Journal report. If an…
The following developments, related to hospital and health system transactions, occurred within the past week. 1. Chicago’s Holy Cross Hospital, Vanguard Health Systems Planned Merger Called OffThe potential merger between Nashville, Tenn.-based Vanguard Health Systems and Chicago-based Holy Cross Hospital…
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…
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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…
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,…