Potential buyers of Landmark Medical Center in Woonsocket, R.I., have begun making sales pitches in Superior Court, according to a Woonsocket Call report.
Transactions & Valuation Issues
Officials from Milton (Mass.) Hospital and Beth Israel Deaconess Medical Center in Boston are engaged in discussions to integrate, but neither institution is saying whether 631-bed Beth Israel is taking control of 81-bed Milton, according to a Patriot Ledger report.…
Arizona senators voted yesterday to revoke the Arizona Board of Regents’ control of University Medical Center and University Physicians Hospital, both in Tucson, according to an Arizona Daily Star report. The hospitals merged last summer into a $1.2 billion nonprofit…
Massachusetts' Public Health Council has approved the transfer of licenses for Merrimack Valley Hospital in Haverhill, Mass., and Nashoba Valley Medical Center in Ayer, Mass., to Boston-based Steward Health Care System, according to a Boston Globe report.
Erlanger Health System in Chattanooga, Tenn., has agreed to partner with Fort Oglethorpe, Ga.-based Hutcheson Medical Center, according to a Chattanooga Times Free Press report.
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Nashville, Tenn.-based Cogent Healthcare and Canton, Ohio-based Hospitalists Management Group have announced they will be merging to form the largest private hospitalist company in the country with nearly 1,000 affiliated hospitalists and extenders, according to a news release from both…
Chicago Tribune Live Chat on Hospital M&A to Feature Becker's Hospital Review Publisher Scott Becker
Scott Becker, JD, CPA, a partner with McGuireWoods in its Chicago office and publisher of Becker's Hospital Review, will be featured in a live chat on hospital mergers and acquisitions hosted by the Chicago Tribune taking place on Thursday April…
Pardee Hospital in Hendersonville, N.C., is discussing a potential affiliation with the University of North Carolina Health System in Chapel Hill, according to an Asheville Citizen-Times report. County-owned Pardee is not for sale, as rumors suggested last fall, but discussions…
Sen. David Vitter (R-La.) is speaking out against a proposed teaching hospital in Mid-City, La., saying the project is too large and depends too heavily on uncertain funding, according to a WWLTV report.
Baylor Health Care System and Select Medical Corporation have officially launched a joint venture that commenced operations on April 1, according to a health system news release.