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.
Transactions & Valuation Issues
Here are 12 hospital transactions that occurred in the previous week, beginning with the most recent.
Elyria, Ohio-based EMH Healthcare, Parma (Ohio) Community General Hospital and Southwest General Health System in Middleburg Heights, Ohio, have formed the for-profit organization Community Health Collaborative, according to an EMH Healthcare news release.
Boston-based Steward Health Care System's acquisition of Quincy (Mass.) Medical Center must gain multiple regulatory approvals before proceeding, a process which may take several months, according to a Boston Globe report.
The Federal Trade Commission plans to appeal a recent decision by U.S. District Court Judge Louis Sands that tossed the FTC's preliminary injunction against Albany, Ga. hospitals Phoebe Putney Memorial Hospital and Palmyra Medical Center, according to an Albany Herald…
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Petoskey-based Northern Michigan Regional Health System is considering affiliating with another health system, according to a Petoskey News-Review report.
Boston-based Steward Health Care System will acquire Quincy (Mass.) Medical Center, according to a Patriot Ledger report.
Westview Medical Campus in Indianapolis has formally affiliated with Indianapolis-based Community Health Network, according to a Community Health Network news release.
The Delaware Senate passed a bill that would make the conversion law inapplicable to the potential merger of Blue Cross Blue Shield of Delaware and Pittsburgh-based Highmark, according to a Delawareonline report.
HCA has signed a letter of intent to acquire Galichia Heart Hospital in Wichita, Kan., according to a Nashville Post report.