Western Maryland Health System, a public health system based in Cumberland, Md., will open the Western Maryland Regional Medical Center in Cumberland on Nov. 21, according to the health system.
Transactions & Valuation Issues
Here are statistics on federal healthcare fraud investigations resulting in charges and recoveries from 1999-2009, according to the U.S. Department of Health and Human Services Office of Inspector General's Health Care Fraud and Abuse Control Program Report.
Plans for a merger between Scott & White Healthcare and King's Daughters Hospital in Temple, Texas, are off after a ruling by the Federal Trade Commission, according to a report from KWTX News.
Regent Surgical Health, a leading developer of surgery centers and physician-owned hospitals, is partnering once again with Saint Mary's Regional Medical Center of Reno, Nev., to develop and manage the Summit Surgery Center at Saint Mary's Galena, the second joint…
The Board of Sparks Regional Medical Center in Fort Smith, Ark. plans to sell the 476-bed facility to Health Management Associates in Naples, Fla., according to a report by KHBS/KHOG.
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Madison Memorial Hospital in Rexburg, Idaho, has purchased North Fork Surgery Center for $1.8 million, according to a report in the Rexburg Standard Journal.
Wishard Health Services in Indianapolis is obtaining land for a $754 million replacement hospital, following Marion County voters' overwhelming approval for issuing the debt needed for the project, according to a report by the Indianapolis Star.
RehabCare Group in St. Louis is acquiring Houston-based Triumph HealthCare, a long-term care provider, for $570 million, according to a release from RehabCare.
WellSpan Health, with hospitals in York and Gettysburg, Pa., and PinnacleHealth, based in Harrisburg, Pa., have entered into a non-binding agreement that outlines a potential merger between the two, according to a report in the York Daily Record.
Raleigh, N.C.-based WakeMed, a 870-bed, non-profit hospital and healthcare system, is exploring a potential partnership with Surgical Care Affiliates, which manages ASCs throughout the country, according to a report in The News & Observer.