A merger between Stevens Hospital in Edmonds, Wash., and Seattle's Swedish Health Services will give Stevens Hospital as much as $6 million a year for health programs, according to a Daily Herald report.
Transactions & Valuation Issues
Cleveland Clinic's cardiac surgery program has signed an affiliation agreement with Central DuPage Hospital in Winfield, Ill., designed to improve heart care at the 313-bed hospital and increase Cleveland Clinic patient referrals, according to a report by The Chicago Tribune.
Marquette (Mich.) General Hospital and Bell Hospital in Ishpeming, Mich., have formally affiliated to form Superior Health Partners, according to an SHP news release.
Sumner County (Tenn.) has filed an appeal against the purchase of Sumner Regional Health System, based in Gallatin, Tenn., by LifePoint Hospitals, which was recently approved by a bankruptcy judge, according to a report by the Nashville Post.
Central Peninsula General Hospital in Soldotna, Alaska, is currently examining partnership opportunities with both for-profit and non-profit health systems and hospital operators, whittling a list of 24 possible partners down to five — Capella Healthcare, LHP Hospital Group, LifePoint Hospitals,…
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Fort Hamilton Hospital in Hamilton, Ohio, has officially joined Dayton, Ohio-based Kettering Health Network, according to a report by the Dayton Business Journal.
The number of mergers and acquisitions by non-profit hospitals and health systems by or with for-profit entities has increased dramatically in recent months, causing some community health advocates to question the future of care for the uninsured and underinsured in…
Beaufort Regional Health System in Washington, N.C., is finalizing a request for proposal for a merger partner, according to a report by the Washington Daily News.
United Medical Center in Washington, D.C., has been acquired by the district for $20 million in an auction last week that drew no other bids, according to a report by the Washington Post.
Atlanta-based Emory Healthcare and Hospital Corporation of America have decided to end their partnership at two Atlanta-area hospitals, according to a report by the Atlanta Journal Constitution.