Physician-investors who recently broke ground on a new hospital in Kearney, Neb., have agreed to work with Good Samaritan Hospital, previously an opponent of the project, according to a report by the Omaha World Tribune.
Transactions & Valuation Issues
A 185-bed replacement for Mercy Medical Center in Merced, Calif., is scheduled to open on May 2, according to a report by the Modesto Bee.
Fall River Hospital in Hot Springs, S.D., has opened its doors, according to a report by KCAU TV.
Presbyterian Intercommunity Hospital, in Whittier, Calif., has signed a non-binding letter of intent to acquire Downey (Calif.) Regional Medical Center and bring it out of bankruptcy, according to a report in the Whittier Daily News.
East Cooper Regional Medical Center, a $153 million replacement hospital in Mount Pleasant, S.C., is opening, according to release by the medical center.
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After losing millions of dollars in two-hospital Hawaii Medical Center in Honolulu, more than 130 physicians and other investors want it to emerge from bankruptcy as a not-for-profit, according to a report by Pacific Business News.
UC San Diego Health System plans to build a new $664 million campus housing centers for cancer treatment, advanced surgery and women and infants, according to the La Jolla Light.
Kansas City-based HMC/CAH Consolidated is buying Baptist Lauderdale Hospital in Ripley, Tenn., from 15-hospital Baptist Memorial Health Care Corp. in Memphis and plans to build a replacement, according to a report by the Memphis Business Journal.
Brentwood, Tenn.-based LifePoint Hospitals is planning to acquire Clark Regional Medical Center in Winchester, Ky., according to a report in Bloomberg BusinessWeek.
Ochsner Health System has completed its purchase of Slidell, La.'s NorthShore Regional Medical Center and its ASC, according to a report in New Orleans CityBusiness.