Anderson Regional Medical Center in Meridian, Miss., is merging the emergency departments of its north campus and south campus, which was formerly Riley Hospital, according to a wtok.com report.
Transactions & Valuation Issues
A federal judge ruled that the Hospital Authority of Albany-Dougherty County may work with Phoebe Putney Memorial Hospital in Albany, Ga., to acquire Palmyra Medical Center, also in Albany, according to an Albany Herald report.
Denver-based Catholic Health Initiatives will acquire Nebraska Heart Institute and Nebraska Heart Hospital, both located in Lincoln, according to a Grand Island Independent report.
Salinas (Calif.) Valley Memorial Healthcare System was recommended to merge with a larger healthcare system in the next 12-24 months by consulting firm McKinsey & Co., according to a Californian report.
As HUMC Holdco applies for a certificate of need to acquire Hoboken (N.J.) University Medical Center, some residents have expressed opposition to the deal, according to a report by the Hudson Reporter.
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Highmark plans to acquire Pittsburgh-based West Penn Allegheny Health System for approximately $500 million, according to a Pittsburgh Tribune-Review report.
Here are 11 hospital transactions that occurred in the previous week, beginning with the most recent.
Detroit’s Barbara Ann Karmanos Cancer Institute and Crittenton Hospital Medical Center in Rochester Hills, Mich., have agreed to dissolve their joint venture agreement over a new cancer facility, according to a Detroit Free Press report. Effective July 1, Crittenton will…
Hospital-physician joint ventures — such as physician-hospital organizations or other affiliations — present an array of opportunities and benefits for both parties. Physicians strengthen their brand and increase their access to capital and clinical resources while hospitals bolster their physician-alignment,…
Kennewick (Wash.) General Hospital and PMH Medical Center in Prosser, Wash., are forming a partnership to deliver cancer treatment, according to a News Tribune report.