A community group has filed a complaint with Arizona Attorney General Terry Goddard alleging the affiliation of Sierra Vista (Ariz.) Regional Health Center with Tucson-based Carondelet Health Network violated a state regulation for non-profit entities, according to a Sierra Vista…
Transactions & Valuation Issues
Health Central in Ocoee, Fla., has decided to pursue a merger with either Orlando Health or Florida Hospital in Orlando, choosing not to move forward with a sale, according to an Orlando Sentinel report.
Zeeland (Mich.) Community Hospital has signed an agreement to join Grand Rapids, Mich.-based Spectrum Health, effective, Jan. 1, according to a report by the Grand Rapids Press.
The article below is reprinted with permission from The Capital Issue, a quarterly newsletter published by Lancaster Pollard.The economic downturn and resulting restricted access to capital have caused many hospitals to consider a partner or other affiliation strategy. Declining volumes…
Central Baptist Hospital in Lexington, Ky., has entered into a three-year agreement to manage Pattie A. Clay Regional Medical Center in Richmond, Ky., according to a Lexington Herald-Leader report.
Advertisement
The following hospital and health system transactions occurred in the past month.
A circuit court judge has ruled that the Southeast Volusia Hospital District, which owns Bert Fish Medical Center in New Smyrna Beach, Fla., violated the state's sunshine law in its original merger with Florida Hospital in Orlando, according to a…
Westview Hospital in Indianapolis is in discussions with Indianapolis-based Community Health Network to form an alliance, according to an Indianapolis Star report.
Mercer County Hospital in Aledo, Ill., has approved an affiliation with Davenport, Iowa-based Genesis Health System, according to a report by the Quad City Times.
North Country Health Services in Bemidji, Minn., and Sanford Health in Fargo, N.D. and Sioux Falls, S.D., have announced plans to merge, according to a Sanford news release.