The New York State Health Department has awarded St. Joseph's Hospital in Elmira, N.Y., and Arnot Ogden Medical Center, also in Elmira, a $20 million grant to help the two hospitals form a long-term partnership, according to a Star Gazette…
Transactions & Valuation Issues
Sioux Falls, S.D.-based Avera McKennan has completed its purchase of MedCath's one-third state in Avera Heart Hospital, located in Sioux Falls, according to a MedCath release.
The federal government recently loosened the index it uses to measure the amount of concentration in each hospital market and thus determine whether agencies like the Federal Trade Commission would oppose the merger. Navigant Consulting analyzed the government's changes in…
ASCOA CEO Luke M. Lambert discusses three current trends impacting surgery center transactions.
Phoenix-based Abrazo Health Care has completed the acquisition of 59-bed Arizona Heart Hospital in Phoenix, according to an Abrazo news release.
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Naples, Fla.-based Health Management Associates has announced it has completed its acquisition of Wuesthoff Health System, based in Rockledge, Fla., for $152 million, according to an HMA news release.
Franklin, Tenn.-based Community Health Systems has announced it has completed the acquisition of three-hospital Forum Health, based in Youngstown Ohio, for $120 million plus the assumption of certain Forum liabilities, according to a CHS news release.
Marty Bonick has been president and CEO of Jewish Hospital in Louisville for two and one half years and maintains a blog, called Hospital Life. The 517-bed hospital is part of Jewish Hospital & St. Mary’s HealthCare, which is in…
American Anesthesiology, a subsidiary of MEDNAX, has announced the acquisition of Southeast Anesthesiology Consultants, a physician group practice providing anesthesia care and pain management services at nine hospitals, 12 ASCs and 10 pain management centers around Charlotte, N.C., according to…
Eleven metropolitan statistical areas have been opened up for hospital mergers and acquisitions under recent changes in federal antitrust guidelines, according to a release from Navigant Consulting.