St. Louis-based Ascension Health has signed a letter of intent to acquire Arlington Heights, Ill.-based Alexian Brothers Health System, a two-hospital system, according to an Ascension news release. Alexian Health Brothers Health is a Catholic system that operates Alexian…
Transactions & Valuation Issues
The Eufaula, Ala., City Council President Jim Martin said the city is in negotiations to remain partnered with Dothan-based Southeast Alabama Medical Center in operating Medical Center Barbour in Eufaula, Ala., according to a Eufaula Tribune report.
1. A merger may cause organizations to lose their marketplace standing. An important question to ask during a merger is this: If Hospital A is merging with Hospital B, what is Hospital C doing during this time? Kevin Burchill, director…
Phillipsburg, N.J.-based Warren Healthcare plans to join Bethlehem, Pa.-based St. Luke's Hospital and Health Network, according to a St. Luke's news release.
The Hoboken Municipal Hospital Authority voted to make an asset purchase agreement that would sell Hoboken (N.J.) University Medical Center to HUMC Holdco, which has common ownership with Bayonne (N.J.) Medical Center, according to a report by the Hudson Reporter.
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Owensboro (Ky.) Medical Health System and Kosair Children's Hospital in Louisville, Ky., have opened Kosair Children's Outpatient Center - Owensboro, as part of an affiliation for pediatric care, according to an OMHS news release.
Quality Orthopaedic Care in Concord, N.H., recently merged with Dartmouth-Hitchcock Concord, according to a hospital news release.
Here are 11 hospital transactions that occurred in the previous week, beginning with the most recent.
The merger between RMH Healthcare in Harrisonburg, Va., and Norfolk, Va.-based Sentara Healthcare is finalized, according to a Sentara news release.
Englewood, Colo.-based Centura Health and Heart of the Rockies Regional Medical Center in Salida, Colo., have signed an affiliation and services agreement to expand services to the community, according to a Centura news release.