Newton (N.J.) Memorial Hospital and Morristown, N.J.-based Atlantic Health Systems are expected to vote on a possible merger later this month, according to a New Jersey Herald report.
Transactions & Valuation Issues
Grubb & Ellis Healthcare REIT II, announced its acquisition of Joplin Long-Term Acute Care Hospital in Joplin, Mo., after the transaction closed on Aug. 31, according to a Market Watch news release.
Temple, Texas-based Scott & White Healthcare and Texas' Llano Memorial Healthcare System have announced that their scheduled Sept. 1 merger will be delayed until January, according to a Llano County Journal report.
The Quad Cities — the area around Bettendorf and Davenport, Iowa, and Moline and Rock Island, Ill. — are reflecting the national trend of an increase in hospital mergers and acquisitions, according to the Quad City Times.
Milwaukee, Wis.-based Froedtert Health has completed its purchase of six medical practices in Menomonee Falls, Germantown and Hartford, Wis., from ProHealth Care Medical Associates based in Waukesha County, according to a Froedhert Health news release.
Geneva, Ill.-based Central DuPage Hospital and Delnor Community Hospital, two large suburban entities, are discussing a merger that would be the largest hospital combination in three years and could prime the fragmented Chicago healthcare market for more deals, according to…
Boston-based Caritas Christi Healthcare has announced plans to convert Woonsocket, R.I.'s Landmark Medical Center into a Catholic facility if its agreement to acquire the hospital is approved by a Rhode Island judge and state regulators, according to a Boston Globe…
Officials from New Smyrna, Fla.-based Bert Fish Medical Center withheld 461 pages of transcripts from the public from 21 private meetings on the hospital's merger with Orlando's Florida Hospital, according to a Daytona Beach News-Journal report.
Traverse City, Mich.-based Munson Healthcare is expected to release details on its planned affiliation with Spectrum Health, based in Grand Rapids, Mich., according to a Record-Eagle report.
After finalizing their new partnership agreement on Sept. 1, Quorum Health is analyzing Marathon, Fla.-based Fishermen's Hospital's finances, according to a Florida Keys News report.