Martha Jefferson Hospital in Charlottesville, Va., has merged with Norfolk, Va.-based Sentara Healthcare, becoming the non-profit system’s 10th hospital, according to a Sentara news release. The 176-bed Martha Jefferson signed a letter of intent to affiliate with Sentara in Sept.…
Transactions & Valuation Issues
Brown County General Hospital in Georgetown, Ohio, has officially become part of Scottsdale, Ariz.-based Southwest Healthcare Services, according to a Ledger Independent report. After four attempts in nearly two years to sell, BCGH finalized its sale to Southwest Thursday. Southwest…
The following transaction developments occurred within the past week, beginning with the most recent. 1. A merger between Seton Health in Troy, N.Y., and Albany, N.Y.-based Northeast Health and St. Peter’s Health Care Services will result in a new health…
A merger between Seton Health in Troy, N.Y., and Albany, N.Y.-based Northeast Health and St. Peter’s Health Care Services will result in a new health system with a new name: St. Peter’s Health Partners, according to a joint news release.…
Hackensack (N.J.) University Medical Center has formally applied for state permission to reopen Pascack Valley Hospital in Westwood, N.J., according to a NorthJersey.com report. The hospital closed in Nov. 2007 due to bankruptcy. If approved, the 128-bed for-profit hospital would…
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Ripon (Wis.) Medical Center is now a member of Agnesian HealthCare, based in Fond du Lac, Wis., according to an AHC news release. The affiliation went into full effect yesterday. The boards of both organizations had met in early May…
Boston-based VA New England Healthcare System plans to bring Bedford (Mass.) VA Medical Center under its umbrella, if the national VA office will approve the move, according to a Boston Globe report.
Long Island College Hospital in Brooklyn, N.Y., is now officially part of SUNY Downstate Medical Center, also in Brooklyn, according to a New York Daily News report. LICH is has been renamed the University Hospital of Brooklyn at Long Island…
A Rhode Island judge has ruled that Boston-based Steward Health Care Systems can move forward with takeover negotiations of Landmark Medical Center in Woonsocket, R.I., according to a Boston Globe report. The deal would be Steward’s first out-of-state acquisition. Landmark…
The FTC has approved the sale of MedCath's Heart Hospital of New Mexico in Albuquerque to Albuquerque-based Lovelace Health System, according to an FTC list of early terminations granted on May 27.