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.
Transactions & Valuation Issues
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.
The North Dakota Attorney General has approved merger plans between MeritCare, a health system based in Fargo, N.D., and Sanford Health, a health system based in Sioux Falls, S.D., according to a report by The Forum of Fargo-Moorhead.
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The merger between Roger Williams Medical Center and St. Joseph Health Services of Rhode Island, both in Providence, R.I., has been approved by Attorney General Patrick Lynch, according to a report in the Providence Business News.
Phoebe Sumter Medical Center in Americus, Ga., will break ground on a new hospital, more than two years after it was destroyed by a tornado, according to WRBL News.
AP&S Clinic and Union Hospital, both located in Terre Haute, Ind., will form Union Health System starting on Nov. 1, according to a report from WTWO News.
Palm Coast (Fla.) Surgery Center has become a part of Florida Hospital Flagler in Palm Coast, Fla., according to a report in the Flagler News-Journal.
Ville Platte (La.) Medical Center and Acadian Medical Center in Eunice, La., have announced plans to merge into a single health system with two campuses, according to a report by the Daily World.