Trinity Medical Center in Carrollton, Texas, has joined Baylor Health Care System, according to a report in the Dallas Business Journal.
Transactions & Valuation Issues
Brown County Hospital in Georgetown, Ohio, is currently seeking a partner for a merger, according to a report in the People's Defender.
Summa Western Reserve Hospital in Cuyahoga Falls, Ohio, a joint venture between Western Reserve Hospital Partners, a group of 200 physicians, and Summa Health System, will begin operations on June 24, according to a report by the Hudson Hub Times.
Officials from the Akron Health Department and the Summit County Health District met at the Akron (Ohio) Children's Hospital to discuss the possibility of further consolidation or merger, according to a report in the Akron Beacon Journal.
The number of for-profit hospitals is on the rise, and many struggling hospitals in the Cincinnati region are looking to for-profit operators as possible partners in this economic downturn, according to a report in the Business Courier of Cincinnati.
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Cullman (Ala.) Regional Medical Center has purchased Woodland Medical Center, its competitor in Cullman, according to a news release from the Healthcare Authority of Cullman County, which operates CRMC.
Deaconess Hospital in Cincinnati is currently seeking a partner for a merger or buy-out, according to a report in the Business Courier.
Clinton Memorial Hospital in Wilmington, Ohio, is currently seeking to merge with a large healthcare organization, according to a report in the Business Courier.
Tenet Healthcare Corp. has said that it will not renew the lease of Northshore Regional Medical Center in Slidell, La., according to a report in the Times-Picayune.