Texas Health Resources, based in Arlington, Texas, has acquired the Presbyterian Hospital of Denton (Texas), according to a report in the Dallas Business Journal.
Transactions & Valuation Issues
King's Daughters Hospital and Scott & White Healthcare, both located in Temple, Texas, announced their plans to merge, according to a report by local ABC affiliate, KXXV-TV News.
Chicago-based Advocate Health Care announced that it will not acquire Rockford (Ill.) Memorial Hospital, according to a report in The Chicago Tribune.
Patients at Middlesex (Conn.) Hospital will no longer be able to use Anthem Blue Cross Blue Shield as of May 1, according to a report from the Hartford Courant.
Sparks Health System, based in Fort Smith, Ark., will be sold to Alpharetta, Ga.-based Jackson Healthcare, according to a report by The City Wire.
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Prince William Health System in Manassas, Va., has agreed to merge with Novant Health, a regional not-for-profit health system based in Winston-Salem, N.C., according to a Novant news release.
Houston-based Rice University and Baylor College of Medicine have entered into formal merger talks, according to a report in the Houston Chronicle.
St. Mary's Hospital in Amsterdam, N.Y., has agreed to acquire Amsterdam Memorial Hospital for $22 million, according to a report in the Times Union.
Chelsea (Mich.) Community Hospital is expected to merge with Saint Joseph Mercy Health System, which operates six hospitals and five outpatient health centers in southeastern Michigan, according to a report in The Ann Arbor News.
Tenet Healthcare Corp. has announced that it will merge Florida Medical Center in Fort Lauderdale, Fla., and North Shore Medical Center in Miami, according to a report in the South Florida Business Journal.