Christopher Mercier, managing director, and Sean Sullivan, director, lead the healthcare investment banking practice at Duff & Phelps, a global investment banking and financial advisory firm. Mr. Mercier and Mr. Sullivan discuss current trends in healthcare investments, mergers and acquisitions.
Transactions & Valuation Issues
Franklin, Tenn.-based Capella Healthcare may bid for Landmark Medical Center in Woonsocket, R.I., according to a Providence Business News report.
Upstate University Hospital in Syracuse, N.Y., has submitted a certificate of need to the State Department of Health to begin the formal approval process for acquiring Syracuse, N.Y.-based Community General Hospital, according to an Upstate Medical University news release.
Yale-New Haven Hospital and Hospital of Saint Raphael, both in New Haven, Conn., have signed a letter of intent, according to a YNHH release.
Here are 13 hospital transactions that occurred in the previous week, beginning with the most recent.
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The Hospital of Saint Raphael in New Haven, Conn., and Yale-New Haven (Conn.) Hospital have said they are open to partnerships with other hospitals, according to a New Haven Register report.
Manhattan Beach, Calif.-based Avanti Hospitals will acquire Coast Plaza Hospital in Norwalk, Calif., as part of a definitive purchase agreement, according to a Coast Plaza news release.
Nashville, Tenn.-based RegionalCare Hospital Partners has offered $181.5 million to operate Cheyenne (Wyo.) Regional Medical Center, according to a Wyoming Tribune Eagle report. The for-profit company made an unsolicited offer to the hospital, which is a non-profit run by Laramie…
Orlando-based Florida Hospital, an eight-hospital system, has signed a memorandum of understanding for an international collaboration with Sheba Medical Center at Tel Hashomer in Israel, according to a Sheba news release. The partnership is research- and education-focused. Areas of collaboration…
California's Long Beach City Council voted to shift its lease with Community Hospital of Long Beach to Long Beach Memorial Medical Center, according to a Gazettes report.