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.
Transactions & Valuation Issues
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.
A merger between Lakeland Healthcare in St. Joseph, Mich., and Community Hospital Watervliet (Mich.) is set to close by Dec. 1, according to a Business Review West Michigan report.
Franciscan Skemp’s Arcadia (Wis.) Campus, a Mayo Clinic subsidiary, will end hospital-based care operations by the end of March, according to a Winona Daily News report.
Here are 20 recent stories on hospital M&A activity in the month of November from Becker’s Hospital Review.
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Ripley County Memorial Hospital in Doniphan, Mo., has merged with Cape Girardeau, Mo.-based Southeast Health, according to a news release from the health system.
Michigan Attorney General Mike Cox has approved the sale of eight-hospital Detroit Medical Center to Vanguard Health Systems in a deal valued at $1.5 billion, according to a Detroit Free Press report.
Officials from the University of Louisville, Ky., have signed a letter of intent to move ahead with a merger between the school’s healthcare system and two other healthcare organizations to form a statewide organization, according to a Courier Journal report.
The CDC reported 9 million more uninsured than an earlier Census Bureau estimate and found that 40 percent of the uninsured have chronic diseases, according to a report by Reuters.
Three hospitals on Washington state's Olympic Peninsula are considering an affiliation where the three facilities would partner together and join with a larger health system to increase access to specialized clinical services, according to a Port Townsend & Jefferson County…