The University of Louisville (Ky.) Hospital and Louisville-based Jewish Hospital & St. Mary's HealthCare are in discussions to create a formal partnership that could include a merger of operations, according to a report by Business First.
Transactions & Valuation Issues
Hospital operator Vanguard Health Systems will fund its purchase of the Detroit Medical Center by selling $225 million of debt, according to a report by Crain's Detroit Business.
The board of trustees of the State University of New York has voted to allow SUNY Upstate Medical University, a 409-bed academic medical center in Syracuse, N.Y., to explore an acquisition of Community General Hospital, also in Syracuse, according to…
The board of directors of Bluefield Regional Medical Center agreed to sell the hospital to a subsidiary of Tennessee-based Community Health Systems.
A bankruptcy judge has approved the sale of Sumner Regional Health System, based in Gallatin, Tenn., after delaying a decision on the transaction last week, according to a report by the Nashville Business Journal.
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Hospital Corporation of America has signed a letter of intent to purchase Mercy Hospital in Miami, according to a news release.
University Medical Center Corp. and University Physicians Healthcare, both in Tuscon, Ariz., have announced they will merge to form a $1.2 billion entity on July 1.
Knoxville, Tenn.-based Mercy Health Partners may sell its 101-bed Mercy Medical Center West campus and is currently working to determine the market value of the facility, according to a Mercy Health news release.
The city of El Reno, Okla., reached an agreement this week with Mercy Health System of Oklahoma, based in Oklahoma City , that will resolve its issues with Parkview Hospital, according to a report by KSBI.
Plans for a three-way merger between Albany, N.Y.-based Northeast Health and St. Peter's Health Care Services and Troy, N.Y.-based St. Mary's Hospital are moving forward, according to a report by the Times Union.