Hospitals do not operate in a vacuum; they affect everyone in the community. Without the buy-in of employees, staff, community members and elected officials, an otherwise well-planned transaction may fail. But how can hospital leaders gain the support of so…
Transactions & Valuation Issues
Saints Medical Center in Lowell, Mass., has signed a letter of intent to become part of Boston-based Steward Health Care System, according to a hospital news release.
Three of four oversight boards at Fort Oglethorpe, Ga.-based Hutcheson Medical Center voted to partner with Erlanger Health System in Chattanooga, Tenn., according to a Times Free Press report.
All Children’s Hospital in St. Petersburg, Fla., is officially part of Baltimore-based Johns Hopkins Health System and a fully integrated member of Johns Hopkins Medicine as part of a non-cash transaction, according to a JHM news release. All Children’s is…
Here are 10 hospital transactions that occurred in the previous week, beginning with the most recent.
The merger between Newton (N.J.) Memorial Hospital and Morristown, N.J.-based Atlantic Health is official, according to an Atlantic Health news release.
The merger between Delnor Health System in Geneva, Ill., and Central DuPage Health in Winfield, Ill., is complete, according to a CDH news release.
University of Virginia Health System in Charlottesville, Va., and Fredericksburg, Va.-based Mary Washington Healthcare have formed a partnership to rebuild MWHC's cardiac surgery program, according to a Free Lance–Star report.
Clearwater County Board has signed a six month management agreement between Bagley, Minn.-based Clearwater Health Services and Sanford Health in Fargo, N.D., and Sioux Falls, S.D., according to a Sanford Health news release.
Taunton, Mass.-based Morton Hospital and Medical Center has decided to sell to Boston's Steward Health Care System over New Bedford, Mass.-based Southcoast Health System, according to a Taunton Daily Gazette report.