Community Hospital of Long Beach (Calif.) will explore a merger with Long Beach Memorial Medical Center, according to a report by the Gazettes Town-News.
Transactions & Valuation Issues
The Mississippi Supreme Court is allowing Health Management Associates to intervene in St. Dominic Health Systems' lawsuit over ownership of an ASC, according to a report by the Sun Herald.
Rockwood Clinic in Spokane, Wash., will merge its surgery center into Deaconess Medical Center, also located in Spokane, according to Rockwood Clinic and a report in The Spokesman-Review.
Tenet Healthcare has withdrawn from preliminary discussions to buy Healthscope, a 43-hospital Australian healthcare system, according to a release from Tenet.
Mission Health System in Asheville, N.C., and Transylvania Regional Hospital in Brevard, N.C., have approved a memorandum of understanding, putting them one step closer to finalizing the terms of an affiliation agreement, according to a report in The Asheville Citizen-Times.
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Memorial Healthcare System has signed an affiliation deal with Florida International University's Herbert Wertheim College of Medicine and also with Florida Atlantic University, according to a Memorial Healthcare news release.
Eight-hospital Detroit Medical Center has extended its letter of intent with Vanguard Health Systems until June 11, extending by 10 days DMC's final decision on the proposed $1.5 billion buyout, according to a report by Crain's Detroit Business.
Tenet Healthcare Corp. is the latest company to offer a bid for Healthscope, Australia's second-largest hospital operator, according to a report by Bloomberg.
Bert Fish Medical Center in New Smyrna Beach, Fla., has agreed to merge with Adventist Health System despite a late challenge from Halifax Health, a public health system based in Port Orange, Fla., according to the Daytona Beach News-Journal.
St. Luke's Hospital in Maumee, Ohio, has agreed to join ProMedica Health System later this summer, according to a press release.