Deaconess Medical Center in Spokane, Wash., has severed its 17-year partnership stake with Inland Northwest Health Services, according to a Spokesman-Review report. Deaconess will now simply be a customer of INHS as part of the settlement of a lawsuit. The…
Transactions & Valuation Issues
Here are 15 hospital transactions that occurred in the previous week, beginning with the most recent.
Trinity Hospital Twin City, an affiliate of Sylvania, Ohio-based Franciscan Services Corp., has agreed to acquire Twin City Hospital in Dennison, Ohio, according to a news release.
Chesterfield, Mo.-based Sisters of Mercy Health System has entered into a management agreement with Kingfisher (Okla.) Regional Hospital effective April 1, according to a news release.
Marriottsville, Md.-based Bon Secours Health System has formally withdrawn as a corporate member of Altoona (Pa.) Regional Health System, according to a news release.
Iron River, Mich.-based Northstar Health System has formed a partnership with Green Bay, Wis.-based Bellin Health, according to a news release.
Adventist Health System has announced it will not appeal a judge's ruling to undo the merger between the health system's Florida Hospital in Orlando and Bert Fish Medical Center in New Smyrna Beach, Fla., according to a News-Journal report.
The University of Kansas Cancer Center and U.S. Oncology's Kansas City Cancer Center have announced plans to merge to create an outpatient cancer care organization, according to a news release by the organizations.
More and more hospitals are involved in various transactions as part of their integration efforts to prepare for accountable care organizations.
Jersey City (N.J.) Medical Center is seeking to form a partnership, according to a Hudson Reporter report.