St. Vincent Jennings Hospital in North Vernon, Ind., is buying bankrupt Washington County Memorial Hospital's assets for up to $3.5 million, according to a report in The Courier-Journal.
Transactions & Valuation Issues
Shriners Hospital in Shreveport, La., and LSU Health Sciences Center-Shreveport are considering merging their operations, according to a report by the Shreveport Times.
Continuum Health Partners, which operates Long Island College Hospital in Cobble Hill, N.Y., has approved an agreement that would allow the hospital to merge with SUNY Downstate Medical Center in Crown Heights, N.Y., according to a report by the Brooklyn…
A federal arbitration panel has awarded the Louisiana $474.8 million in federal funds to replace Charity Hospital in New Orleans, which has been closed since Hurricane Katrina struck, according to a report by the New York Times.
The board of managers for Parkland Memorial Hospital in Dallas has approved a preliminary site plan for a $1.2 billion replacement of its 54-year-old facility, according to a report by the Dallas Morning News.
Advertisement
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.
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.