In response to the “rumors” revealed in a letter to Hoboken, N.J., council members sent by local legal and healthcare organizations, Hoboken Municipal Hospital Authority Chairwoman Toni Tomarazzo said the sale of Hoboken University Medical Center to a private entity…
Transactions & Valuation Issues
Legislation in both the Florida House and Senate seek to regulate the sale and lease of public hospitals in the state, according to a News-Journal report.
Community Health Systems' planned acquisition of Scranton, Pa.-based Mercy Health Partners will mean a name change for the health system, according to a Times-Tribune report.
Loyola University Chicago has signed a letter of intent to sell its medical center complex to the Catholic hospital operator Trinity Health in Novi, Mich., according to a Chicago Tribune report.
Cincinnati's UC Health will acquire the Jewish Foundation of Cincinnati's Jewish Hospital Medical Campus in Avondale, according to a news release.
SunLink Health Systems leased Clanton, Ala.-based Chilton Medical Center to a subsidiary of Carraway Medical Systems as of March 1, according to a news release.
Saint Joseph's Hospital of Atlanta will soon sell, according to a Georgia Bulletin report.
Various characteristics of a hospital, including its financial health, physician relationships and capital needs, are key considerations of acquirers when considering a hospital bid. However, none of these characteristics are more important to most acquirers than the hospital's market —…
St. Joseph's Community Health Services in Hillsboro, Wis., has entered into a formal affiliation with La Crosse, Wis.-based Gundersen Lutheran Health System, according to a Gundersen Lutheran news release.
Surgical Care Affiliates, one of the country’s largest providers of specialty surgical services, has announced it has entered into a joint market development agreement with West Orange, N.J.-based Saint Barnabas Health Care System (SBHCS), New Jersey's largest integrated health care…