Peoria, Ill.-based OSF HealthCare System and Rockford Health System are exploring a merger in which OSF would acquire Rockford Health, according to a report by the Rockford Register Star.
Transactions & Valuation Issues
Bert Fish Medical Center, a public hospital in New Smyrna Beach, Fla., is considering a merger with private, Orlando-based Florida Hospital, according to a report by the Daytona Beach News-Journal.
Massachusetts Attorney General Martha Coakley will hold public hearings on the proposed sale of Caritas Christi Health System to Steward Health Care System, an affiliate of Cerberus Capital Management, according to a report by the Boston Herald.
Here are the valuation multiple paid and the percentages of respondents that received that multiple for controlling and minority interests in a physician-owned hospital, according to HealthCare Appraisers' Healthcare Transactions 2009 Year in Review.
The board of directors of Bluefield Regional Medical Center agreed to sell the hospital to a subsidiary of Tennessee-based Community Health Systems.
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LifePoint Hospitals has completed its acquisition of 100-bed Clark Regional Medical Center in Winchester, Ky., according to a LifePoint news release.
After several years of relative quiet on the hospital merger & acquisition front, 2010 may be the year things turn around, say those on the front lines. Jim Shannon, executive vice president of development for LHP Hospital Group, a privately…
Advanced Surgical Hospital of Washington (County) in North Franklin, Pa., a 14-bed physician-owned hospital, will open next month, seven months in advance of the Dec. 31 deadline imposed by recent healthcare reform legislation, according to a report by the Pittsburgh…
HealthCare Appraisers (HAI), a nationally recognized leader in providing fair market value opinions and valuation services for the healthcare and life sciences communities, recently published its Healthcare Transactions 2009 Year in Review, a compendium of key trends that were observed…
Reston Hospital Center in Virginia received a green light from the Fairfax County Board of Supervisors to move ahead with a master plan that allows for significant expansions in the years ahead, according to a report by Reston Connection.