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.
Transactions & Valuation Issues
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.
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.
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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…
North Shore-Long Island Jewish Health System, based in Manhasset, N.Y., and Nassau University Medical Center in East Meadows, N.Y., are currently in talks to expand their affiliation, but concerns have been raised by the Nassau County comptroller about the initial…
Board members of the Southeast Volusia Hospital District, which operates Bert Fish Medical Center in New Smyrna Beach, Fla., have voted again to merge with Adventist Health's Florida Hospital in Orlando, according to a News-Journal report.