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…
Transactions & Valuation Issues
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.
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.
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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.
This advisory opinion relates to the start up of two simultaneous ASCs, one by a surgeon owned LLC and one by a hospital. The plan, as indicated in the advisory opinion, is to merge the two ASCs as they become…
Bobby Sarnevesht, a businessman from Los Gatos, Calif., is finalizing a proposal for a $40 million physician-owned hospital to be built in Campbell, Calif., according to a report in the Silicon Valley Mercury News.