Crouse Hospital in Syracuse, N.Y., a 506-bed facility, is forming a corporate affiliation with 40-bed Community Memorial Hospital in Hamilton, N.Y., according to a Post-Standard report.
Transactions & Valuation Issues
Rochester, Minn.-based Mayo Health System is changing its name to Mayo Clinic Health System effective today, according to a Mayo Clinic news release.
Raleigh, N.C.-based WakeMed Health and Hospitals has authorized a $50 million investment in mental health, contingent on its purchase of Raleigh-based Rex Healthcare, according to a WakeMed news release.
Rochester, Minn.-based Mayo Clinic and Grand Forks, N.D.-based Altru Health System have formed a contractual relationship, according to an Altru news release.
Ontario, Calif.-based Prime Healthcare Services has withdrawn its bid for Woonsocket, R.I.-based Landmark Medical Center, according to a Providence Journal report.
Advertisement
Local leaders have proposed to merge the administration at San Leandro (Calif.) Hospital with St. Rose Hospital in Hayward, Calif., according to a San Leandro Patch report.
Southwest Washington Medical Center in Vancouver, Wash., has merged with Bellevue, Wash.-based PeaceHealth, according to a Columbian report.
Quincy (Mass.) Medical Center is seeking a partner to provide capital to the hospital and will consider a merger or acquisition opportunity, according to a Patriot Ledger report.
Two-hundred thirty-five-bed Marin General Hospital in Greenbrae, Calif., and 83-bed Sonoma (Calif.) Valley Hospital have finalized a management services and affiliation agreement, according to a North Bay Business Journal report.
Stafford Springs, Conn.-based Johnson Memorial Medical Center has been in affiliation talks with four hospitals, according to a Hartford Business Journal report.