The following 11 hospital and healthcare transactions occurred within the past week. 1. Toledo-based ProMedica Health System said the Federal Trade Commission’s new antitrust challenge of its acquisition of a 198-bed hospital is inconsistent with healthcare reform. ProMedica has been…
Transactions & Valuation Issues
The role of real estate in healthcare transactions is often not as closely analyzed as it could be, says Brian Jenkins, senior vice president in the medical real estate division at Savills, a global real estate services firm. Mr. Jenkins…
At least one physician practicing and Beaufort Regional Health System in Washington, N.C., has said he will end his affiliation with the hospital if it moves forward with an affiliation with Community Health Systems over University Health Systems of Eastern…
Toledo-based ProMedica Health System said the Federal Trade Commission's new antitrust challenge of its acquisition of a 198-bed hospital is "inconsistent with the integration and coordination that healthcare reform both encourages and requires," according to a statement from ProMedica.
Phoebe Putney Hospital, a non-profit hospital in Albany, Ga., plans to complete its acquisition of Palmyra Medical Center, a for-profit also in Albany, in February, according to an Albany Herald report. The acquisition was announced late last month and officials…
Kalamazoo-based Bronson Healthcare Group and Battle Creek (Mich.) Health System are currently working toward integrating, which could now include a partnership with Western Michigan University and Borgess Health, both located in Kalamazoo, to develop a medical school, according to a…
Irving Place Capital, a middle-market private equity firm, has announced it will acquire National Surgical Hospitals, an owner and operator of 14 surgical hospitals and seven ambulatory surgery centers located in 10 states.
Hoboken (N.J.) University Medical Center has signed a letter of intent with HUMC Holdco, according to City of Hoboken news release. The Hoboken Municipal Hospital Authority unanimously voted for the final bidder last night. The parties plan to complete due…
Memorial Health System, which is owned and operated by the city of Colorado Springs (Colo.), is continuing to move forward its plans to convert into a community non-profit, according to a report by the Gazette.
The board of commissioners for Beaufort Regional Health System in Washington, N.C., approved an affiliation with Franklin, Tenn.-based Community Health Systems, despite a recommendation from its medical staff to affiliate with Greenville, N.C.-based University Health Systems of Eastern Carolina, according…