The SEIU-United Healthcare Workers West has sent a letter to the California Department of Public Health asking the state to stop Prime Healthcare Services from continuing to operate Alvarado Hospital in San Diego, Calif., arguing the hospital operator did not…
Transactions & Valuation Issues
Maywood, Ill.-based Loyola University Health System, parent of Loyola University Medical Center, is considering a possible merger with another health system, according to a Chicago Tribune report.
Tenet Healthcare has rejected a $3.3 billion offer from Franklin, Tenn.-based Community Health Systems, calling the highly leveraged proposal "inadequate," according to a release from Dallas-based Tenet.
Franklin, Tenn.-based Community Health Systems has offered an unsolicited $3.3 billion bid for Dallas-based Tenet Healthcare, according to a Wall Street Journal report.
When selling a hospital, the following factors may either woo or worry potential buyers. Rex Burgdorfer, an M&A banker with Juniper Advisory in Chicago, shares four points to examine before putting your hospital on the market. 1. Quality of the…
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The new owner of Boston's Caritas Christi Health Care plans to acquire two hospitals in Massachusetts owned by Nashville-based Essent Healthcare, according to a Boston Globe report.
White County Memorial Hospital in Monticello, Ind., may soon merge with Indianapolis-based Clarian Health Partners, according to a Journal & Courier report.
Memorial Health System, which is owned and operated by the city of Colorado Springs (Colo.), plans to convert from a city enterprise into a community non-profit, despite a recent meeting with HCA-Health One about the possible purchase of the hospital,…
After finalizing their merger, Vancouver, Wash.-based Southwest Washington Medical Center and Bellevue, Wash.-based PeaceHealth will create a non-profit health system with approximately $2 billion in revenues according to a Columbian report. The merging process began in March, when leaders off…
Lakeland HealthCare in St. Joseph, Mich., and Community Hospital Watervliet (Mich.) have completed the integration of the two organizations, ending nearly six months of discussions, according to a WSJM report.