U.S. Bankruptcy Judge Kay Woods has approved the sale of Youngstown, Ohio-based Forum Health to Community Health Systems, according to a Business Journal Daily News report.
Transactions & Valuation Issues
McCall (Idaho) Memorial Hospital will consider a merger with Boise-based St. Luke's Health System, following a vote by McCall residents supporting the merger, according to an Idaho Statesman report.
Vanguard Health Systems will acquire the assets of Arizona Heart Hospital in Phoenix, Ariz., from MedCath Corp. for $32 million, according to a MedCath news release.
OU Medical Center Edmond (Okla.), the facility formed from the April merger of Edmond Medical Center and OU Medical Center, has spent $5.6 million on new technology and surgical equipment in the past four months, according to a report by…
Healthcare reform, with its potential to reduce levels of uncompensated care, may seem like a way for hospitals to increase their bottom lines. However, the Patient Protection and Affordable Care Act (PPACA) decreases Medicare and Medicaid Disproportionate Share Hospital (DSH)…
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The board of directors overseeing Llano (Texas) Memorial Healthcare System has signed a resolution to sell its assets and debt to Temple, Texas-based Scott & White Healthcare, according to a Llano News report.
Fishermen's Hospital in Marathon, Fla., recently selected Quorum Health Resources to manage its 58-bed, non-profit facility, according to a report by the Miami Herald.
On July 28, Jon O'Sullivan, senior partner and founding member of VMG Health, and Aaron Murski, senior manager at VMG Health, discussed strategic transaction trends and valuation issues affecting hospital CEOs in a free webinar hosted by ASC Communications and…
Johns Community Hospital in Taylor, Texas, will merge with Temple, Texas-based Scott & White Healthcare, according to a report by the American-Statesman.
Community Health Systems has submitted a bid of an undisclosed amount to acquire Youngstown, Ohio-based Forum Health, according to a Business Journal Daily report.