Flint, Mich.-based McLaren Health Care has acquired 118-bed Central Michigan Community Hospital in Mount Pleasant, Mich., according to a McLaren news release.
Transactions & Valuation Issues
Franklin, Tenn.-based Community Health Systems has completed its acquisition of Bluefield (W.Va.) Regional Medical Center, according to a Bluefield Daily Telegraph report.
The Southeast Volusia Hospital District Board has reapproved the decision to move forward with an affiliation for its Bert Fish Medical Center in New Smyrna Beach, Fla., according to an Orlando Sentinel report.
Hospitals looking to affiliate or be acquired by larger organizations need to consider the impact of their balance sheets on these types of deals. Here Tanya K. Hahn, senior vice president of Lancaster Pollard provides three considerations for debt financing…
Executives from Boston-based Caritas Christi Health Care have said the system will close two hospitals — St. Elizabeth's Medical Center and Carney Hospital, both in Boston — if its deal to be acquired by private equity firm Cerberus Capital Management…
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Lawrence (Mass.) General Hospital has announced an affiliation with Beth Israel Deaconess Medical Center in Boston, according to an Eagle-Tribune report.
Grand Rapids, Mich.-based Metro Health, Novi, Mich.-based Trinity Health and University of Michigan Health System, based in Ann Arbor, have joined together to launch Pennant Health Alliance, according to a U of M Health news release.
Appleton, Wis.-based ThedaCare and 25-bed Shawano (Wis.) Medical Center are in discussions about a potential partnership, according to a Post-Crescent report.
West Chester (Ohio) Medical Center will change its name to West Chester Hospital under new ownership by UC Health, according to a Middletown Journal report.
Wisconsin's Columbia St. Mary's has invested $417 million in constructing a new Milwaukee hospital set to open Oct. 12 after over four years of construction, according to a Journal Sentinel report.