Valdosta, Ga.-based South Georgia Medical Center, a 335-bed facility, is acquiring 45-bed Smith Northview Hospital, also in Valdosta, according to an SGMC news release.
Transactions & Valuation Issues
Here are 12 hospital transactions that occurred in the previous week, beginning with the most recent.
Bennington, Vt.-based Southwestern Vermont Health Care and Lebanon, N.H.-based Dartmouth-Hitchcock Health plan to affiliate, according to a joint news release by the health systems.
Chapel Hill, N.C.-based UNC Health Care has rejected Raleigh, N.C.-based WakeMed Health's unsolicited offer to purchase Rex Healthcare, also in Raleigh, for $750 million, according to a Charlotte Observer report.
Raleigh, N.C.-based WakeMed Health and Hospitals has submitted an offer to purchase Rex Healthcare, also based in Raleigh, from Chapel Hill, N.C.-based UNC Health Care, according to a WakeMed news release
Brown County General Hospital in Georgetown, Ohio, is moving closer to a sale to Scottsdale, Ariz.-based Southwest Healthcare Services, according to a Ledger Independent report.
Steward Health Care System, the new for-profit system that bought Caritas Christi Health Care in Boston last year, is no longer actively working to buy Jackson Health System in Miami, according to a report by the Boston Globe.
The board of commissioners of Coupeville, Wash.-based Whidbey General Hospital has unanimously rejected a proposal by Franklin, Tenn.-based Capella Healthcare to buy the hospital, according to a Whidbey News-Times report.
Memphis, Tenn.-based Baptist Memorial Health Care Corp. plans to file a letter of intent to build a $65 million comprehensive cancer treatment facility, according to a Commercial Appeal report.
Morristown, N.J.-based Atlantic Health System's three hospitals have changed their names to reflect the system's breadth of services across multiple campuses, according to an Atlantic Health System news release.