A hearing is scheduled this week to determine whether or not to grant the Federal Trade Commission's request for a preliminary injunction against the merger of St. Luke's Hospital in Maumee, Ohio, with Toledo, Ohio-based ProMedica Health System, according to…
Transactions & Valuation Issues
Agnesian HealthCare, based in Fond du Lac, Wis., and Ripon (Wis.) Medical Center have signed a letter of intent to consider a strategic affiliation, according to an article from the Fond du Lac Reporter. Both organizations are discussing their options,…
Private equity firm McVey & Co. Investments has completed its acquisition of Spring Branch Medical Center in Houston, which HCA closed in May of last year following large financial losses, according to a Houston Chronicle report.
National Surgical Hospitals has closed a deal that will give the hospital and surgery center operator a majority interest in Lafayette (La.) Surgical Specialty Hospital, according to a news release by Stephens Inc., the exclusive financial advisor to LSSH in…
Hospital merger and acquisition activity continued grow in the second half of 2010, which accounted for 62 percent of activity in the full year, according to a release by Irving Levin Associates.
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Chicago-based Resurrection Health Care, which operates six hospitals, has signed a letter of intent to explore a merger arrangement with Mokena, Ill.-based Provena Health, which owns six hospitals, according to a Chicago Tribune report. The deal could create the largest…
Healthcare Management Partners and Memphis-based Dobbs Equity Partners have signed a letter of intent to construct a new facility that will merge three existing South Carolina hospitals into one integrated healthcare system, according to an HMP news release. The new…
There is no instruction manual when it comes to hospital mergers, acquisitions and affiliations. Sometimes it is simply most helpful to hear from leaders who have been through these transactions speak on what they’ve learned. Here, three hospital and healthcare…
Hamot Medical Center in Erie, Penn., is officially part of the University of Pittsburgh Medical Center health system, according to a Centre Daily Times report. The deal went into effect this week. Hamot will be run by a 24-member board…
The board of Beaufort Regional Health System in Washington, N.C., has signed a letter of intent with Greenville, N.C.-based University Health Systems of Eastern Carolina, according to a Washington Daily News report.