Indianapolis-based Clarian Health System has entered discussions for a possible merger with Morgan County Hospital and Medical Center in Martinsville, Ind., according to an Indiana Public Media news report.
Transactions & Valuation Issues
A subsidiary of Franklin, Tenn.-based Community Health Systems has offered a bid of $5 million for Bluefield (W.Va.) Regional Medical Center, according to a Bluefield Daily Telegraph report.
Hospitals and health systems are constantly refining their strategies based on changes in market dynamics. While these dynamics can include varying factors from changes in market competition to introduction of new medical technologies, perhaps nothing impacts the need for a…
Bert Fish Medical Center's CEO Bob Williams said the controversy surrounding the New Smyrna Beach, Fla., hospital's merger wouldn't have been an issue if the hospital board had better understood Florida's Sunshine Law, according to a News-Journal report.
A number of community hospitals that compete with Brighton, Mass.-based Caritas Christi Health Care have come together to ask the state attorney general to impose strict rules on the currently non-profit health system following its sale to private equity firm…
Washington County Health System in Hagerstown, Md., is preparing to transition from Washington County Hospital to the new Meritus Medical Center opening later this year, according to a Herald-Mail report.
Fairmont, W.Va.-based West Virginia United Health System has announced it will acquire St. Joseph's Hospital in Parkersburg, W.Va., according to a Bloomberg Businessweek report.
McGuireWoods and Juniper Advisory recently presented a free webinar titled "The Impact of Healthcare Reform on Hospital Consolidation."Speakers were James E. Burgdorfer, principal of Juniper Advisory in Chicago; Rex J. Burgdorfer, associate at Juniper Advisory; Thomas C. Brown Jr., a partner…
Pike County Memorial Hospital in Murfreesboro, Ark., has been acquired by Louisville, Ky.-based New Directions Health Systems for $2 million, according to an Arkansas Business report.
For about eight years, Spectrum Health in Grand Rapids, Mich., has led a loose regional network of 21 community hospitals. The stated purpose of the organization is to preserve the independence and economic strength of community hospitals in the region.…