Superior Court Judge Michael Silverstein approved a request from Landmark Medical Center in Woonsocket, R.I., to begin merger talks with Boston-based Caritas Christi Health Care, according to a report from WPRI 12 News.
Transactions & Valuation Issues
San Antonio, Texas-based CHRISTUS Santa Rosa Health System recently purchased a majority stake in Foundation Surgery Center of San Antonio, also referred to as Physicians Ambulatory Surgery Centers, which operates four ASCs in San Antonio, according to a report by…
The Harris County Hospital District's board has abandoned its plan to buy Memorial Hermann Healthcare System's Southwest medical complex in Houston, citing what a board member called the system's "unreasonable and unacceptable demands," according to a report by the Houston…
MeritCare, a health system operating in North Dakota and Minnesota, plans to merge with Sanford Health, a South Dakota health system, according to a report by the Sioux City Journal.
Nashville, Tenn.-based Essent Healthcare is in negotiations with the 115-bed Brown County Regional Healthcare board to buy Brown County General Hospital in Georgetown, Ohio, according to a report by the Business Courier of Cincinnati.
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More hospitals and health systems in the United States are willing to consider merging with other facilities or buying physician groups as a result of the recession, healthcare reform efforts and "thawing" credit markets, according to a report in the…
Denver-based Catholic Health Initiatives has signed a letter of intent to transfer three hospitals in the Northwest to Trinity Health, another Catholic system, based in Novi, Mich., according to a release from Trinity Health.
Normal, Ill.-based BroMenn Healthcare and Oakbrook, Ill.-based Advocate Health Care have filed a change of ownership exemption application with the state of Illinois to merge, according to a report by The Pantagraph.
Clinton Memorial Hospital in Wilmington, Ohio, is looking into a possible affiliation with a regional health system to help the hospital restructure its debt, according to a report in the Wilmington News Journal.
The Surgery Center of New Mexico in Clovis, N.M., will merge with Plains Regional Medical Center, also in Colvis, according to a report by the Quay County Sun.