Community Hospital of Long Beach (Calif.) will explore a merger with Long Beach Memorial Medical Center. As part of the merger, Long Beach Memorial, which is part of MemorialCare Health System, will take over Community Hospital’s operations while due diligence…
Transactions & Valuation Issues
St. Joseph Health System, based in Orange, Calif., has released its fiscal year 2010 report, which focuses on high patient volume and charity care, according to a health system news release.
The merger between Bemidji, Minn.'s North Country Health Services and Sioux Falls, S.D.'s Sanford Health is official, according to a Minnesota Today blog.
A CMS proposal to base future hospital payments partly on hospital-acquired conditions as part of its value-based purchasing program raises "serious concerns" because HACs are already measured for current hospital payments, according to an AHA letter to the agency.
Camden-Clark Memorial Hospital and St. Joseph's Hospital, both in Parkersburg, W.Va., have officially merged and joined Fairmont, W.Va.-based West Virginia United Health System, according to a News and Sentinel report.
Advertisement
The exclusivity requirement included as part of Boston-based Steward Health System's $1.1 billion bid to acquire financially struggling Jackson Health System in Miami is drawing concern from hospital and Miami-Dade County officials, according to a Miami Herald report.
Sherman Hospital in Elgin, Ill., has rejected a merger offer from Crystal Lake, Ill.-based Centegra Health System, according to a Chicago Tribune report.
Detroit Medical Center’s Legacy Board is planning to hire an independent financial consultant to assess the readiness of two local foundations to take on $150 million in charitable assets that remain after Vanguard Health Systems acquired DMC last December, according…
Franklin, Ind.-based Johnson Memorial Hospital and Indianapolis-based Community Health Network have agreed to pursue a closer clinical partnership, according to a news release.
The board of directors of Community General Hospital in Syracuse, N.Y., has accepted an acquisition proposal from Syracuse, N.Y.-based Upstate Medical University, according to a Post-Standard report.