Community Health Systems based in Franklin, Tenn., announced its intent to acquire Scranton, Pa.-based Moses Taylor Health Care System's assets, according to a CHS news release.
Transactions & Valuation Issues
Georgia Attorney General Approves Phoebe's Acquisition of Dorminy Medical Center Amidst Palmyra Case
Georgia Attorney General Sam Olens has approved Albany, Ga.-based Phoebe Putney Health System's acquisition of Dorminy Medical Center in Fitzgerald, Ga., despite the fact Phoebe Putney is engaged in a lawsuit over purchasing Albany, Ga.-based Palmyra Medical Center, according to…
Meridian, Miss.-based Anderson Regional Medical Center and Philadelphia, Miss.-based Neshoba County General Hospital-Nursing Home have officially entered into an affiliation to provide "compassionate, efficient and effective healthcare to the people of central Mississippi," according to a NCGH news release.
Geisinger Health Systems in Danville, Pa., and Community Medical Center in Scranton, Pa., are planning to merge, according to a Times-Tribune report.
Over the past year, interest from sophisticated investors in the hospital sector has increased significantly. Last year, private equity fund Cerberus Capital Management bought Caritas Christi Health Care System in Boston for $900 million, while Vanguard Health Systems, backed by…
Chief Administrative Law Judge D. Michael Chappell signed an order delaying the September hearing date of the Federal Trade Commission's review of Albany, Ga.-based Phoebe Putney Memorial Hospital's acquisition of Albany, Ga.-based Palmyra Medical Center, according to an Albany Herald…
Leaders with Kansas City, Kan.-based Kansas University Hospital, KU Medical Center and KU Physicians are set to begin negotiations to iron out a new affiliation agreement, according to a Lawrence Journal-World report.
Phillipsburg, N.J.-based Warren Hospital President and CEO Thomas Litz, as well as other hospital personnel, are expected to keep their positions if the hospital's merger with Bethlehem, Penn.-based St. Luke's Health Network becomes official, according to an Express-Times report.
Amidst a $2.2 million financial loss in 2010, Pauls Valley (Okla.) General Hospital is exploring a partnership with four health systems throughout the state, according to a Pauls Valley Democrat report.
During the second quarter of 2011, the healthcare sector posted 243 merger and acquisition deals worth a combined $73.7 billion, representing a 6 percent increase in volume of deals over the first quarter of 2011 and a 3 percent increase…