Rochester, Minn.-based Mayo Clinic has announced plans to acquire 25-bed Queen of Peace Hospital in New Prague, Minn., according to a St. Paul Business Journal report. The hospital and its clinics, which are based in New Prague, Belle Plaine, Le…
Transactions & Valuation Issues
Morton Hospital and Medical Center in Taunton, Mass., has filed formal notice with the state attorney general’s office of its plan to be acquired by Boston-based Steward Health Care System, according to a Boston Globe report. The acquisition would convert…
Boston-based Steward Health Care Systems has made an offer to buy the troubled Landmark Medical Center in Woonsocket, R.I., according to a Providence Journal report. After two days of urgent negotiations, the system came forward last Thursday with a signed…
Angel Medical Center in Franklin, N.C., will now be managed by Asheville, N.C.-based Mission Health, according to a Mission news release. A Smoky Mountain News report says the arrangement is likely to be temporary as the two entities move towards…
Phoenix-based Maricopa Integrated Health System has partnered with the University of Arizona College of Medicine in Phoenix to become the school’s primary teaching, training and research hospital, according to an Arizona Republic report. The arrangement, which took four years to…
Advertisement
Merger discussions between Loris (S.C.) Healthcare and McLeod Health, based in Florence, S.C., have been put on hold for the time being, according to a North Myrtle Beach Times report. Since Loris is a state-established hospital system, it must get…
Indianapolis-based Community Health Network and Johnson Memorial Hospital in Franklin, Ind., have formed a medical services alliance, according to a JMH news release. Through the clinical collaboration, JMH and five-hospital Community Health will develop a shared set of goals and…
Galion, Ohio-based Avita Health System is finalizing a contract to rent the building of former Crestline (Ohio) Hospital with an option to buy, according to a Bucyrus Telegraph Forum report. The health system plans to use the hospital building for…
Iberville Parish and Ochsner Health System Baton Rouge Region in Louisiana have jointly signed an extension of the previously executed letter of intent to develop a free-standing emergency and ambulatory care center that would be part of Ochsner Health System,…
There is no more significant or difficult decision than contemplating changes in the control of a community hospital.