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…
Transactions & Valuation Issues
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.
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Officials from Chapel Hill-based University of North Carolina Health Care System have told Pardee Hospital’s board of directors that the Hendersonville, N.C., community hospital will not survive unless it joins a larger healthcare system, according to a Times-News report. Publicly-owned…
Commissioners from Valley Medical Center in Renton, Wash., have approved a strategic alliance with University of Washington Medicine, according to an article from the Renton Reporter. Through the deal, Valley Medical Center will become part of UW Medicine, which also…
A five-year legal dispute over the ownership of Portsmouth (N.H.) Regional Hospital between the Foundation for Seacoast Health and Hospital Corporation of America is nearing an end, according to a Seacoast Online report. Testimony concluded Friday. In the next several…
St. Francis Medical Center in Cape Girardeau, Mo., and Poplar Bluff (Mo.) Medical Partners are planning a joint venture, three-bed hospital in Polar Bluff, Mo., according to a Southeast Missourian report. The hospital, which will be named Black River Community…
Here are 10 hospital transactions that occurred in the previous week, beginning with the most recent.