In a “triangular reverse merger,” University General Hospital in Houston has signed a letter of intent with SeaBridge Freight, a trans-Gulf intermodal transportation company, according to a SeaBridge news release — a deal that would make the physician-owned hospital public…
Transactions & Valuation Issues
New Hanover Regional Medical Center in Wilmington, N.C., is considering a new relationship with Charlotte, N.C.-based Carolinas HealthCare System, according to a StarNews Online report.
Texas's Valley Baptist Health System, with locations in Harlingen and Brownsville, will soon merge with Nashville, Tenn.-based Vanguard Health Systems, according to a Brownsville Herald report.
Yesterday, Woonsocket, R.I.'s Landmark Medical Center signed a nonbinding letter of intent from Brentwood, Tenn.'s RegionalCare Hospital Partners, according to a Providence Journal report.
Representatives from Hutcheson Medical Center in Fort Oglethorpe, Ga., are meeting with Jim Brexler, CEO of Chattanooga, Tenn.'s Erlanger Medical Center to discuss a possible merger, according to a theChattanoogan.com report.
Global Health Management, a consulting firm based in Louisiana, has offered to assemble a group of private investors to acquire Miami-Dade County's Jackson Health System, according to a Miami Herald report. The company proposed a private-public partnership.
Community Health Systems, which acquired Youngstown, Ohio-based Forum Health in Oct. 2010, has announced it will layoff 81 employees at the three-hospital health system, according to a Business Journal Daily report.
Here are 15 ambulatory surgery center benchmarking statistics, based on the number of operating rooms in the ASC. These statistics are intended to help hospitals compare and benchmark ASCs when considering a potential hospital-ASC partnership. Data comes from VMG Health's…
Here are 15 ambulatory surgery center benchmarking statistics, based on the number of operating rooms in the ASC. These statistics are intended to help hospitals compare and benchmark ASCs when considering a potential hospital-ASC partnership. Data comes from VMG Health's…
The potential sale of Mercy Hospital in Scranton, Penn. to Franklin, Tenn.-based Community Health Systems may change aspects of the hospital’s Catholic identity, according to a Times-Tribune report. Under the definitive agreement, which was announced last Thursday, CHS will make…