Kalamazoo-based Bronson Healthcare Group, which operates Bronson Methodist Hospital, has signed a letter of intent to acquire a 51 percent interest in Battle Creek (Mich.) Health System, according to a Bronson news release.
Transactions & Valuation Issues
Scranton, Pa.-based Mercy Health System will delays its decision on who will buy the health system until after Jan. 1, according to a Times-Tribune report.
Maywood, Ill.-based Loyola University Health System has confirmed that it will consider a partnership with other Catholic health systems, according to a Chicago Tribune report.
Bert Fish Medical Center in New Smyrna Beach, Fla., and Adventist Health, which operates Florida Hospital in Orlando, have asked a judge to expedite the trial in a lawsuit alleging the groups violated the state's Sunshine Law, according to a…
Scranton, Pa.-based Mercy Health System will not disclose the names of the organizations interested in acquiring its three hospitals, but a number of hospital employees have said Community Health Systems and Legacy Hospital Partners have reportedly shown interest, according to…
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Here are five hospitals that closed in 2010, in order from most to least recent.
Sioux Falls, S.D.-based Avera Health will pay $5.5 million for a hospital owned by the city of Creighton, Neb., effective Feb. 1, according to an Argus Leader report. Creighton Area Health Services will become Avera Creighton Hospital after the sale.…
Steward Health Care System, the for-profit parent company of Boston-based Caritas Christi Health Care, filed an application with the Massachusetts Department of Health to acquire two community hospitals for $21 million, according to a Boston Globe report.
The merger of University Physicians Hospital, University Medical Center and the University of Arizona College of Medicine is expected to be complete within six months, according to an Arizona Daily Star report.
The boards of Danville, Pa.-based Geisinger Health System and Shamokin Area Hospital in Coal Township, Pa., have approved a full merger of the hospital and health system, according to a Sun Gazette report.