The three hospitals of Scranton, Pa.-based Mercy Health Partners will be renamed Regional Hospital of Scranton, Tyler Memorial Hospital and Special Care Hospital as part of the health system's sale to Community Health Systems, according to a Mercy news release.
Transactions & Valuation Issues
Naples, Fla.-based Health Management Associates has entered into a joint venture partnership with the current physician owners of Tri-Lakes Medical Center in Batesville, Mississippi, according to an HMA news release.
The Federal Trade Commission voted 5-0 to make an administrative complaint against the proposed acquisition of HCA's Palmyra Medical Center in Albany, Ga., by Phoebe Putney Health System, also based in Albany, according to an FTC news release.
As pressure to improve quality and reduce costs mounts and capital needs are outstripping access and availability, standalone healthcare organizations will become less common in the healthcare landscape. However, hospitals and health systems that form partnerships and other forms of…
One week after news of affiliation emerged, Pardee Hospital’s medical staff has voiced surprise with the hospital’s announcement of a possible partnership with University of North Carolina Health Care System in Chapel Hill, according to a Times-News report. Pardee, a…
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Valley General Hospital in Monroe, Wash., is entering into discussions about a potential partnership with Providence Regional Medical Center in Everett, Wash., according to a hospital news release.
A total of $54.4 billion was spent to finance mergers and acquisitions in the healthcare industry during the first quarter of 2011, up 65 percent from $32.9 billion in the first quarter of 2010, according to a new report by…
An Arizona House-Senate conference committee approved a proposal to strip the Arizona Board of Regents of authority over hospitals affiliated with UA Healthcare for 18 months, according to an Arizona Daily Sun report. UA Healthcare is the product of the…
Employees at Community General Hospital in Syracuse, N.Y., argued against a merger with SUNY Upstate University Hospital, also in Syracuse, at a meeting of the SUNY Board of Trustees, according to a TWEAN News report.
Stockbridge, Ga.-based Henry Medical Center has chosen to partner with Piedmont Healthcare in Atlanta, according to an HMC news release.