North Memorial Health Care in Robbinsdale, Minn., has agreed to sell its 50 percent share in Plymouth, Minn.-based WestHealth to Minneapolis-based Allina Hospitals and Clinics, according to an Allina news release.
Transactions & Valuation Issues
Olympic Medical Center in Port Angeles, Wash., and Forks (Wash.) Community Hospital have each approved a memorandum of intent to form a tertiary partnership with Seattle-based Swedish Medical Center, according to a Peninsula Daily News report.
White County Memorial Hospital in Monticello, Ind., has merged with Indianapolis-based Indiana University Health, according to a Journal and Courier report. The 25-bed, county-owned hospital owes $40 million in debt, which would become the county’s responsibility if the hospital defaults.…
Adams County Regional Medical Center in Seaman, Ohio, and Christ Hospital in Cincinnati have renewed their affiliation agreement for five more years, according to a People's Defender report.
Milton (Mass.) Hospital and Beth Israel Deaconess Medical Center in Boston have announced plans to merge in six months, according to a Boston Globe report. The 631-bed BIDMC and 81-bed Milton have shared a business relationship for eight years and…
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Pensacola, Fla.-based Baptist Healthcare announced it plans to turn over management of 55-bed Jay (Fla.) Hospital to Naples, Fla.-based Health Management Associates, according to a Pensacola News Journal report.
Healthcare Management Partners and Memphis-based Dobbs Equity Partners signed a letter of intent to construct a new facility that will merge three existing South Carolina hospitals into one integrated healthcare system. The new system will be called Tri-County Regional Health…
New York City-based Healthcare Management Partners will sign agreements to manage Allendale County Hospital in Fairfax, Barnwell County Hospital in Barnwell and Bamberg County Hospital in Bamberg, all in South Carolina, according to a news release.
Medina Regional Hospital in Hondo, Texas, has finalized a management services agreement with San Antonio-based Methodist Healthcare System, according to a San Antonio Express-News report.
Fletcher Allen Executive Services, a subsidiary of Burlington, Vt.-based Fletcher Allen Health Care, will help oversee operations of Moses Ludington Hospital in Ticonderoga, N.Y., according to a Fletcher Allen news release.