Lenox Hill Hospital in New York is expected to announce this week which institution it has selected as a partner for a merger or affiliation, according to a report by Crain's New York Business.
Transactions & Valuation Issues
Gallipolis, Ohio-based Holzer Health Systems and Holzer Clinic will merge, according to a report by the Gallipolis Daily Tribune.
The board of 267-bed AtlantiCare Regional Medical Center has approved plans to build a $20.6 million medical facility in Hammonton, N.J., with an 11-bay ED and an imaging center, according to a report by Shore News Today.
The merger of Potomac Hospital in Woodbridge, Va., with Norfolk, Va.-Sentara Healthcare is now complete, according to a report by the Daily Press.
Physicians at Carle Clinic in Urbana, Ill., have voted to accept a $250 million offer by Carle Foundation Hospital to acquire the clinic, according to a report by the News-Gazette.
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Kindred Healthcare plans to shut down the 64-bed Kindred Hospital Modesto, according to a report by the San Jose Mercury News.
Health Management Associates, based in Naples, Fla., has acquired the 492-bed Sparks Health System, located in Fort Smith, Ark., according to an HMA news release.
Novant Health and Wake Forest University Baptist Medical Center have reached an agreement, which may lead to both institutions completing community hospitals four miles apart in Clemmons and Advance, N.C., according to a report in the Winston-Salem Journal.
St. Luke's Regional Medical Center and Mercy Medical Center in Sioux City, Iowa, have agreed to study how the two hospitals could increase their collaboration, which could lead to a possible merger, according to a report in the Sioux City…
Austin, Texas-based Seton Family of Hospitals has dropped plans to acquire 150-bed King's Daughters Hospital, a distressed hospital in Temple, Texas, according to a report by the Austin Business Journal.