Continuum Health Partners, which operates four New York City-area hospitals, is proposing to acquire financially troubled St. Vincent's Hospital Medical Center and turn it into a walk-in healthcare center, according to a report by the New York Times.
Transactions & Valuation Issues
Louisiana State University and Our Lady of the Lake Regional Medical Center are about to agree on a deal to close a state-run hospital and assume its functions, according to a report by the Times-Picayune.
New Milford (Conn.) Hospital is discussing an affiliation with 371-bed Danbury (Conn.) Hospital, according to a report by the News Times.
Community Health Systems is considering leasing Munroe Regional Medical Center in Ocala, Fla., and has approached several hospital district board members about its interest, according to a report by the Star-Banner.
United Medical Center in Washington, D.C., is seeking a nonprofit charitable status to improve financial problems that appear to have deepened recently, according to a report by the Washington Post.
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A replacement for the Kiowa County Memorial Hospital in Greenburg, Kan., is about to open, after the previous hospital was destroyed by a tornado, according to a report by the Kansas City Star.
Mercy General Hospital is spending $170 million on construction, including a new heart center, according to the Sacramento Business Journal.
Eisenhower Medical Center in Rancho Mirage, Calif., has opened a new $55 million health center in nearby La Quinta, according to the Desert Sun.
Two hospital systems in southern New Jersey are extending their territories or expanding current satellite facilities, according to a report by the Philadelphia Business Journal.
Bert Fish Medical Center in New Smyrna Beach, Fla., is considering a merger or affiliation with a nearby hospital system, according to a report by the News-Journal.