National Naval Medical Center and Walter Reed Army Medical plan to merge in September, according to a Gazette.net report.
Transactions & Valuation Issues
At least one Williamson County (Tenn.) Commissioner is arguing for the sale of Williamson Medical Center in Franklin, Tenn., according to a Tennessean report.
Ed Hernandez, chair of California's Senate Health Committee, has proposed a bill (SB 408) requiring hospitals changing ownership to apply for a new license, according to the California State Senate website.
Auburn, N.Y.-based Auburn Memorial Hospital is considering a merger or partnership with one of three hospitals in Syracuse, N.Y., according to a Post-Standard report.
Two Massachusetts payors, Tufts Health Plan and Cambridge Health Alliance, are in talks to partner, according to a Boston Globe report. Tufts may take control of CHA’s managed care plan, Network Health, to expand its reach into the health insurance…
Boston-based Steward Healthcare has offered $1.1 billion for Miami's Jackson Health System, according to a Miami Herald report.
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.