The University of Louisville (Ky.) Hospital's recent merger plans with Louisville, Ky.-based Jewish Hospital & St. Mary's HealthCare and Lexington, Ky.-based Saint Joseph Health System — both a part of Denver-based Catholic Health Initiatives — will be subject to review…
Transactions & Valuation Issues
Proposed merger plans between Northeast Health System in Beverly, Mass., and Lahey Clinic in Burlington, Mass., would not include the loss of acute-care status for Gloucester, Mass.-based and NHS affiliate Addison Gilbert Hospital, according to a Gloucester Times report.
University of Maryland Medical System in Baltimore may be taking over management and ownership of Prince George County's three financially strapped public hospitals by 2013, according to a Gazette news report.
Here are 15 hospital transactions that occurred in the past two weeks, beginning with the most recent. 1. Allendale County Hospital in Fairfax, S.C., has withdrawn its plan to join with Bamberg (S.C.) County Hospital and Barnwell (S.C.) County Hospital…
Allendale County Hospital in Fairfax, S.C., has withdrawn its plan to join with Bamberg (S.C.) County Hospital and Barnwell (S.C.) County Hospital to form the proposed Tri-County Regional Health System, according to a Times and Democrat report.
Community Health Systems based in Franklin, Tenn., announced its intent to acquire Scranton, Pa.-based Moses Taylor Health Care System's assets, according to a CHS news release.
Georgia Attorney General Approves Phoebe's Acquisition of Dorminy Medical Center Amidst Palmyra Case
Georgia Attorney General Sam Olens has approved Albany, Ga.-based Phoebe Putney Health System's acquisition of Dorminy Medical Center in Fitzgerald, Ga., despite the fact Phoebe Putney is engaged in a lawsuit over purchasing Albany, Ga.-based Palmyra Medical Center, according to…
Meridian, Miss.-based Anderson Regional Medical Center and Philadelphia, Miss.-based Neshoba County General Hospital-Nursing Home have officially entered into an affiliation to provide "compassionate, efficient and effective healthcare to the people of central Mississippi," according to a NCGH news release.
Geisinger Health Systems in Danville, Pa., and Community Medical Center in Scranton, Pa., are planning to merge, according to a Times-Tribune report.
Over the past year, interest from sophisticated investors in the hospital sector has increased significantly. Last year, private equity fund Cerberus Capital Management bought Caritas Christi Health Care System in Boston for $900 million, while Vanguard Health Systems, backed by…