Susquehanna Health in Williamsport, Pa., and Laurel Health System in Wellsboro, Pa., have signed a non-binding letter of intent looking at a potential affiliation, according to a Williamsport Sun-Gazette report.
Transactions & Valuation Issues
Wheaton (Minn.) Community Hospital and Medical Center and Fargo, N.D.-based Sanford Health have officially merged, according to a Valley News report. The partnership, in which talks began several years ago, changes the hospital’s name to the Sanford Wheaton Medical Center.…
Capella Healthcare in Franklin, Tenn., officially acquired a 60 percent ownership interest in Woodbury, Tenn.-based Cannon County Hospital, according to a Capella news release.
Mokena-Ill.-based Provena Health and Chicago-based Resurrection Health Care have signed a deal to merge, according to a Chicago Tribune report.
Quincy (Mass.) Medical Center filed for Chapter 11 bankruptcy protection as a part of its acquisition by Boston-based Steward Health Care, according to a Taunton Daily Gazette report.
Upstate Medical University Hospital in Syracuse, N.Y., will officially assume ownership and operations of Community General Hospital, also in Syracuse, on July 7, according to a Post-Standard report.
Bert Fish Medical Center in New Smyrna Beach, Fla., has officially ended its merger with Adventist Health's Florida Hospital in Orlando, according to an Orlando Sentinel report.
Maywood, Ill.-based Loyola University Health System is officially part of Novi, Mich.-based Trinity Health, according to a Trinity Health news release.
Bellevue, Wash.-based PeaceHealth and United General Hospital in Sedro-Wolley, Wash., have signed a non-binding letter of agreement to explore a closer relationship, according to a PeaceHealth news release.
A subsidiary of Naples, Fla.-based Health Management Associates has signed a definitive agreement to acquire Knoxville, Tenn.-based Mercy Health Partners, a subsidiary of Cincinnati-based Catholic Health Partners, according to an HMA news release.