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…
Transactions & Valuation Issues
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…
Central Kansas Medical Center in Great Band has announced it is shifting its focus to exclusively providing outpatient services in response to community needs.
Charlotte, N.C.-based MedCath Corporation has completed the sale of the assets of Texsan Heart Hospital in San Antonio to Methodist Healthcare System, also in San Antonio, according to a MedCath news release. The transaction was announced in November and officially…
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Naples, Fla.-based Health Management Associates has completed the sale of 140-bed Riley Hospital in Meridian, Miss., to Anderson Regional Medical Center, also in Meridian, according to an HMA news release.
For-profit Vanguard Health Systems completed its acquisition of eight-hospital Detroit Medical Center on Friday, according to a Detroit Free Press report.
The merger of Southwest Washington Medical Center in Vancouver, Wash., with Bellevue, Wash.-based PeaceHealth is expected to clear its last hurdle by gaining the approval of Washington Insurance Commissioner Mike Kreidler, according to a The Columbian report.
Good Samaritan Hospital in Vincennes, Ind., has acquired the Vincennes Surgery Center, according to a news release from the hospital.
Naples, Fla.-based Health Management Associates announced it has signed a definitive agreement to sell its 140-bed Riley Hospital in Meridian, Miss., to Anderson Regional Medical Center, also in Meridian, according to an HMA news release.