Pennsylvania's Department of Health and Attorney General have issued final approval on the merger between Shamokin Area Community Hospital in Coal Township, Pa., and Geisinger Medical Center in Danville, Pa., according to a Geisinger news release.
Transactions & Valuation Issues
The Federal Trade Commission has approved Nashville, Tenn.-based Ardent Health Services' purchase of SouthCrest Hospital in Tulsa, Okla., and Claremore (Okla.) Regional Hospital from Franklin, Tenn.-based Community Health Systems, according to an FTC release.
Independent hospitals across the country are increasingly considering whether or sale or merger may be in their future. While some independent hospitals will continue to thrive, many more are likely to join larger systems in order to benefit from economies…
Three Kentucky lawmakers have asked University of Louisville President James Ramsey to attend a legislative committee session to explain the effects of University Hospital's pending merger with Denver-based Catholic Health Initiatives on reproductive and end-of-life patient care, according to a…
University of Maryland Medical System in Baltimore has agreed to assist in the turnaround of Dimensions Healthcare Systems' three public hospitals in Prince George County, according to a Washington Examiner report.
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The board of directors at Henderson, N.C.-based Maria Parham Medical Center and Duke LifePoint Healthcare have signed an agreement to jointly own and operate MPMC, according to system news release.
Flint, Mich.-based McLaren Health Care and Northern Michigan Regional Health System in Petoskey, Mich., have an entered into an agreement to explore a system affiliation, according to a NMRHS news release.
Saints Medical Center in Lowell, Mass., has entered into an asset purchase agreement to become a part of Boston-based Steward Health Care, according to a joint news release.
Corcoran (Calif.) District Hospital's board of directors approved an agreement to enter talks with Hanford, Calif.-based Adventist Health Central Valley Network about a possible takeover, according to a Hanford Sentinel report.
Nashville, Tenn.-based HCA's plans to acquire the Colorado Health Foundation's shares of its Denver-based joint venture HCA-HealthOne for $1.45 billion would not include a guarantee that HCA would keep all of the HealthOne hospitals open, according to a Denver Post…