Sierra Vista Regional Health Center in Douglas, Ariz., has entered into a contract to manage 25-bed Southeast Arizona Medical Center, also in Douglas, effective July 14, according to a SVRHC news release.
Transactions & Valuation Issues
Greenville (S.C.) Hospital System and Columbia, S.C.-based Palmetto Health are considering collaboration opportunities, according to a Greeneville News report.
Franklin, Tenn.-based Capella Healthcare has signed a letter of intent to explore a partnership with 45-bed, physician-owned Muskogee (Okla.) Community Hospital, according to a Capella news release.
Christine Varney, the outgoing head of antitrust for the Department of Justice, called on Congress to review the merger review process for U.S. organizations, saying the DOJ and Federal Trade Commission — which together oversee mergers — have "substantively different…
The Massachusetts attorney general's office and the state's Department of Public Health will hold a public hearing on Aug. 9 on the planned sale of Quincy (Mass.) Medical Center to Boston-based for-profit Steward Health Care System, according to a Boston…
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Temple, Texas-based Scott & White Healthcare has signed a 20-year affiliation agreement with Texas Children’s Hospital, also in Temple, to enhance the quality of pediatric care, according to a joint news release. The affiliation coincides with the construction of the…
Boston and 81-bed Milton (Mass.) Hospital plan to merge by October. The hospitals have shared a business relationship for eight years and are already clinical affiliates. BIDMC will oversee Milton’s operations and finances. Milton will keep control of strategic planning…
Prime Healthcare Services Foundation, the non-profit arm of Ontario, Calif.-based Prime Healthcare Services, plans to acquire bankrupt Victor Valley Community Hospital in Victorville, Calif., for $35 million, according to a Daily Press report.
Temple University Health System in Philadelphia and Fox Chase Cancer Center, also in Philadelphia, have signed a letter of intent to explore an affiliation, according to Philadelphia Inquirer article.
Moody's Investor Service has upgraded Loyola University in Chicago's debt rating from A3 to A2 following its sale of Loyola University Health System to Novi, Mich.-based Trinity Health, according to a Chicago Tribune report. Under the deal, Trinity assumed $780…