Falcon Investors has called off plans to purchase Brown County General Hospital in Georgetown, Ohio, just three months after being selected to acquire the facility, according to a Ledger Independent report.
Transactions & Valuation Issues
1. Ottawa (Ill.) Regional Hospital. Ottawa (Ill.) Regional Hospital and Healthcare Center has announced it will merge with Peoria, Ill.-based OSF Healthcare System.
Demolition began on the former UPMC Braddock (Pa.) Hospital on Oct. 7, but seven neighbors have filed a class-action lawsuit to in attempt to halt the wrecking ball, according to a Pittsburgh Post-Gazette report.
Hospital acquisitions by health systems are increasing as hospitals find it easier to survive as part of a larger organization. Here Mark Bogen, CPA, vice president of finance at South Nassau Communities Hospital in Oceanside, N.Y., discusses six things health…
Queen of Peace Hospital in New Prague, Minn., is seeking a potential partnership with another hospital or health system, according to a Minnesota Public Radio report.
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The Federal Trade Commission has refilled an emergency petition in a U.S. District Court in Toledo, Ohio, for information surrounding the merger of Maumee, Ohio-based St. Luke's Hospital with Toledo-based ProMedica Health System, according to a Toledo Blade report.
Ottawa (Ill.) Regional Hospital and Healthcare Center has announced it will merge with Peoria, Ill.-based OSF Healthcare System, according to a Times report.
The Massachusetts Public Health Council has granted licenses to allow Caritas Christi Health Care's six hospitals to operate under new owner Cerberus Capital Management, according to a Boston Globe report.
Four health systems have offered bids to affiliate with Beaufort Regional Health System, based in Washington, N.C., according to a Washington Daily News report.
A U.S. District Court judge has ruled that it is not the appropriate court to decide whether to grant the Federal Trade Commission's request for a court order for more information surrounding the merger of Maumee, Ohio-based St. Luke's Hospital…