Bert Fish Medical Center in New Smyrna Beach, Fla., has officially merged with Adventist Health System despite objections from publicly-run Halifax Health, according to a report by the Daytona Beach News-Journal.
Transactions & Valuation Issues
Knoxville, Tenn.-based Covenant Health and Morristown (Tenn.)-Hamblen Healthcare System have finalized a merger agreement, according to a report by the Knoxville News Sentinel.
The University of Louisville (Ky.) Hospital and Louisville-based Jewish Hospital & St. Mary's HealthCare are in discussions to create a formal partnership that could include a merger of operations, according to a report by Business First.
Hospital operator Vanguard Health Systems will fund its purchase of the Detroit Medical Center by selling $225 million of debt, according to a report by Crain's Detroit Business.
The board of trustees of the State University of New York has voted to allow SUNY Upstate Medical University, a 409-bed academic medical center in Syracuse, N.Y., to explore an acquisition of Community General Hospital, also in Syracuse, according to…
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The board of directors of Bluefield Regional Medical Center agreed to sell the hospital to a subsidiary of Tennessee-based Community Health Systems.
A bankruptcy judge has approved the sale of Sumner Regional Health System, based in Gallatin, Tenn., after delaying a decision on the transaction last week, according to a report by the Nashville Business Journal.
Hospital Corporation of America has signed a letter of intent to purchase Mercy Hospital in Miami, according to a news release.
University Medical Center Corp. and University Physicians Healthcare, both in Tuscon, Ariz., have announced they will merge to form a $1.2 billion entity on July 1.
Knoxville, Tenn.-based Mercy Health Partners may sell its 101-bed Mercy Medical Center West campus and is currently working to determine the market value of the facility, according to a Mercy Health news release.