Boston-based Steward Healthcare has offered $1.1 billion for Miami's Jackson Health System, according to a Miami Herald report.
Transactions & Valuation Issues
Ocoee, Fla.-based Health Central plans to merge with Orlando, Fla.'s Orlando Health, according to an Orlando Business Journal report.
Michigan's eight largest hospital systems plan to hire approximately 14,000 people this year, according to a Detroit Free Press report.
Ascension Health in St. Louis has formed a joint venture with New York City-based Oak Hill Capital Partners to buy Catholic hospitals and health systems, according to a Milwaukee Journal Sentinel report.
In a “triangular reverse merger,” University General Hospital in Houston has signed a letter of intent with SeaBridge Freight, a trans-Gulf intermodal transportation company, according to a SeaBridge news release — a deal that would make the physician-owned hospital public…
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New Hanover Regional Medical Center in Wilmington, N.C., is considering a new relationship with Charlotte, N.C.-based Carolinas HealthCare System, according to a StarNews Online report.
Texas's Valley Baptist Health System, with locations in Harlingen and Brownsville, will soon merge with Nashville, Tenn.-based Vanguard Health Systems, according to a Brownsville Herald report.
Yesterday, Woonsocket, R.I.'s Landmark Medical Center signed a nonbinding letter of intent from Brentwood, Tenn.'s RegionalCare Hospital Partners, according to a Providence Journal report.
Representatives from Hutcheson Medical Center in Fort Oglethorpe, Ga., are meeting with Jim Brexler, CEO of Chattanooga, Tenn.'s Erlanger Medical Center to discuss a possible merger, according to a theChattanoogan.com report.
Global Health Management, a consulting firm based in Louisiana, has offered to assemble a group of private investors to acquire Miami-Dade County's Jackson Health System, according to a Miami Herald report. The company proposed a private-public partnership.