Hospitals looking to affiliate or be acquired by larger organizations need to consider the impact of their balance sheets on these types of deals. Here Tanya K. Hahn, senior vice president of Lancaster Pollard provides three considerations for debt financing…
Transactions & Valuation Issues
Executives from Boston-based Caritas Christi Health Care have said the system will close two hospitals — St. Elizabeth's Medical Center and Carney Hospital, both in Boston — if its deal to be acquired by private equity firm Cerberus Capital Management…
Lawrence (Mass.) General Hospital has announced an affiliation with Beth Israel Deaconess Medical Center in Boston, according to an Eagle-Tribune report.
Grand Rapids, Mich.-based Metro Health, Novi, Mich.-based Trinity Health and University of Michigan Health System, based in Ann Arbor, have joined together to launch Pennant Health Alliance, according to a U of M Health news release.
Appleton, Wis.-based ThedaCare and 25-bed Shawano (Wis.) Medical Center are in discussions about a potential partnership, according to a Post-Crescent report.
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West Chester (Ohio) Medical Center will change its name to West Chester Hospital under new ownership by UC Health, according to a Middletown Journal report.
Wisconsin's Columbia St. Mary's has invested $417 million in constructing a new Milwaukee hospital set to open Oct. 12 after over four years of construction, according to a Journal Sentinel report.
Halifax Health, a public health system based in Port Orange, Fla., is considering whether to make another bid to acquire Bert Fish Medical Center in New Smyrna Beach, Fla., according to a Daytona Beach News-Journal report.
The board of commissioners of the North Broward Hospital District has voted to authorize Broward Health President and CEO Frank Nask to coordinate the transition of the Fort Lauderdale, Fla.-based healthcare system to a new community not-for-profit corporation, according to…
Franklin, Tenn.-based Community Health Systems expects to finalize its purchase of the assets of Youngstown, Ohio-based Forum Health by Oct. 1, according to a Business Journal Daily report.