Columbus (Ind.) Regional Hospital has selected Indianapolis-based Clarian Cardiovascular as an affiliate for heart surgeries, according to a CRH news release. Under the clinical affiliation, Clarian physicians will perform cardiac surgical procedures at CRH. Interventional cardiology services will continue to…
Transactions & Valuation Issues
Merger talks between Boston-based Caritas Christi Health Care System and Landmark Medical Center in Woonsocket, R.I., have stalled, according to a Providence Journal report.
Mountain State Blue Cross Blue Shield, the largest private health insurer in West Virginia will not oppose the merger of Fairmont, W.Va.-based West Virginia United Health System with St. Joseph's Hospital in Parkersburg, W.Va., and Camden-Clark Memorial Hospital, also in…
The following hospital transactions, affiliations or negotiations were announced within the past week. 1. Illinois’ Delnor and Central DuPage Health Sign Agreement to MergeGeneva, Ill.-based Delnor Health System and Winfield, Ill.-based Central DuPage Health signed a definitive agreement to merge.…
It takes hard work to catch buyers’ attention amid the current flurry of M&A activity. Hospitals need to muster an enormous amount of initiative and consider the following strategies to boost their attractiveness. Marisa Manley, president of Healthcare Real Estate…
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Irwin Hurn, a partner at executive services firm Tatum who has served as CEO, COO, and CFO for several hospitals, shares five tips for leading a hospital through the uncertainties associated with a merger or sale.
Halifax Health in Daytona Beach, Fla., has confirmed it has paid nearly $125,000 in legal fees to fund a lawsuit against New Smyrna Beach, Fla.-based Bert Fish Medical Center's merger with Adventist's Florida Hospital in Orlando, according to a News-Journal…
Geneva, Ill.-based Delnor Health System and Winfield, Ill.-based Central DuPage Health have signed a definitive agreement to merge, according to a CDH news release. The merger between the 159-bed Delnor and 313-bed CDH is expected to expand the caliber and…
Hospitals in the Chicago area have recently experienced an uptick in merger and acquisition activity, with a number of hospitals agreeing to mergers or acquisitions in December and many more open to the idea of affiliation, according to a Chicago…
Wesley Medical Center, a Hospital Corporation of America facility in Wichita, Kan., has entered into an agreement to buy the physician-owned Galichia Heart Hospital, according to a Wichita Business Journal report. The deal will occur within the next three months.…