Over the weekend, the board of All Children's Health System in St. Petersburg, Fla., approved an integration agreement with Johns Hopkins Medicine, according to a All Children's new release.
Transactions & Valuation Issues
The following was written by Jason Ruchaber, CFA, ASA, principal of HealthCare Appraisers. The valuation of a physician practice is one of the more difficult tasks faced by business appraisers. With significant regulatory restrictions, lack of definitive direction for…
Toledo-based ProMedica Health System said the Federal Trade Commission’s new antitrust challenge of its acquisition of a 198-bed hospital is inconsistent with healthcare reform. ProMedica has been ordered to appear before an FTC administrative law judge for a May 31…
Mishawaka, Ind.-based Physicians Hospital System will join the network of holding company Healthcare of Today, based in Burbank, Calif., according to a HT news release. The two organizations have entered into several agreements for HT to acquiring controlling interest in…
1. Community Hospital of Long Beach (Calif.) will explore a merger with Long Beach Memorial Medical Center. As part of the merger, Long Beach Memorial, which is part of MemorialCare Health System, will take over Community Hospital’s operations while due…
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Community Hospital of Long Beach (Calif.) is currently undergoing due diligence to merge with MemorialCare Health System in Long Beach, according to a Gazettes report.
Goshen (Ind.) Health System announced it has changed its name to Indiana University Health Goshen following a partnership between the health system and I.U. Health, according to a Times-Union report.
Landmark Medical Center in Woonsocket, R.I., has proposed to find a new owner and sign an asset purchase agreements within 13 weeks, according to a Providence Journal report. The 214-bed facility has been seeking a buyer for more than two…
Brown County Memorial Hospital in Georgetown, Ohio, could sell its facility to Scottsdale, Ariz.-based Southwest Healthcare Services as early as this week, according to a WKRC report.
State Attorney R.J. Larizza has said that while Bert Fish Medical Center in New Smyrna Beach, Fla., violated the state's Sunshine Law in its merger with Adventist Health System, the violations were unintentional and therefore do not warrant any criminal…