Construction on St. John Hospital in Broken Arrow, Okla., is expected to be completed by June 2010, and a medical office building connected to the new hospital will open in late Dec. 2009, according to a report in the Broken…
Transactions & Valuation Issues
The Palo Alto (Calif.) Medical Foundation and Mills-Peninsula Medical Group in Burlingame, Calif., are considering a merger that would create a 1,300 physician group that would cover the Peninsula, Silicon Valley, the East Bay and Santa Cruz areas, according to…
Cape Fear Valley Health System, based in Fayetteville, N.C., and FirstHealth of the Carolinas, based in Pinehurst, N.C., have received state approval to build new hospitals in and near Hoke County, N.C., according to a report by the Fayetteville Observer.
PinnacleHealth President Bruce Bartels and WellSpan CEO Roger Longenderfer discussed some of the benefits of a merger between the two Pennsylvania-based health systems in a report by the Central Penn Business Journal.
Chicago-based Resurrection Health Care signed a non-binding letter of intent to sell two hospitals and its outpatient center to Nashville, Tenn.-based Vanguard Health System, according to news reports.
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A group of 20-70 physicians from Good Samaritan Hospital in Kearney, Neb., are looking to build a hospital, Kearney Regional Medical Center, by the end of 2010, according to a report in the Omaha World-Herald.
Austin, Texas-based Scott & White Healthcare and Brenham, Texas-based Trinity Health Services have signed a letter of intent to merge, according to a report by the Austin Business Journal.
For the first time HealthCare Appraisers has surveyed the physician hospital industry to determine current perspectives among industry participants regarding valuation, transaction activity and management fees. With the help of Physician Hospitals of America, 30 respondents participated in our survey,…
The University of Connecticut has dropped a plan to merge UConn Health Center with Hartford Hospital, deciding that the plan could does not have enough support from state lawmakers, according to a report by the Hartford Courant.
Although Tenet Healthcare Corp. operates two hospitals in partnership with physician-owners, an official at the 49-hospital network said Tenet would eliminate those partnerships if new physician-owned hospitals were banned under the current health reform legislation, according to a report by…