Pensacola, Fla.-based Baptist Healthcare announced it plans to turn over management of 55-bed Jay (Fla.) Hospital to Naples, Fla.-based Health Management Associates, according to a Pensacola News Journal report.
Transactions & Valuation Issues
Healthcare Management Partners and Memphis-based Dobbs Equity Partners signed a letter of intent to construct a new facility that will merge three existing South Carolina hospitals into one integrated healthcare system. The new system will be called Tri-County Regional Health…
New York City-based Healthcare Management Partners will sign agreements to manage Allendale County Hospital in Fairfax, Barnwell County Hospital in Barnwell and Bamberg County Hospital in Bamberg, all in South Carolina, according to a news release.
Medina Regional Hospital in Hondo, Texas, has finalized a management services agreement with San Antonio-based Methodist Healthcare System, according to a San Antonio Express-News report.
Fletcher Allen Executive Services, a subsidiary of Burlington, Vt.-based Fletcher Allen Health Care, will help oversee operations of Moses Ludington Hospital in Ticonderoga, N.Y., according to a Fletcher Allen news release.
St. Louis-based Ascension Health has signed a letter of intent to acquire Arlington Heights, Ill.-based Alexian Brothers Health System, a two-hospital system, according to an Ascension news release. Alexian Health Brothers Health is a Catholic system that operates Alexian…
The Eufaula, Ala., City Council President Jim Martin said the city is in negotiations to remain partnered with Dothan-based Southeast Alabama Medical Center in operating Medical Center Barbour in Eufaula, Ala., according to a Eufaula Tribune report.
1. A merger may cause organizations to lose their marketplace standing. An important question to ask during a merger is this: If Hospital A is merging with Hospital B, what is Hospital C doing during this time? Kevin Burchill, director…
Phillipsburg, N.J.-based Warren Healthcare plans to join Bethlehem, Pa.-based St. Luke's Hospital and Health Network, according to a St. Luke's news release.
The Hoboken Municipal Hospital Authority voted to make an asset purchase agreement that would sell Hoboken (N.J.) University Medical Center to HUMC Holdco, which has common ownership with Bayonne (N.J.) Medical Center, according to a report by the Hudson Reporter.