El Camino Hospital, based in Mountain View, Calif., and property owner Tenet Healthcare Corp. agreed to an early close of escrow on Los Gatos (Calif.) Hospital, according to a news release from El Camino Hospital.
Transactions & Valuation Issues
Prince William Health System in Manassas, Va., is close to securing a partnership with one of two non-profit healthcare providers, according to a report in The Washington Post.
Bloomington (Ind.) Hospital has agreed to merge with Clarian Health Partners, according to a report by the Chicago Tribune.
Sisters of Charity Health System and University Hospitals in Cleveland announced that they will amend their current 50/50 joint ownership agreement for St. Vincent Charity Hospital in Cleveland and Mercy Medical Center in Canton, Ohio, to give Sisters of Charity…
Abbott Laboratories completed its purchase of Advanced Medical Optics by buying the outstanding shares of the company, according to an Abbott news release.
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Ventas, a healthcare real estate investment trust, sold Samaritan Hospital, located in Lexington, Ky., to the University of Kentucky for $35 million, according to a Ventas news release.
King's Daughters Hospital and Scott & White Healthcare, both located in Temple, Texas, have entered into a nondisclosure agreement in a first step towards a potential merger, according to a King's Daughters news release.
The Loudoun County (Va.) Board of Supervisors reaffirmed an earlier vote denying HCA's application for land use for its Broadlands Regional Medical Center, according to a report in the Loudoun Times-Mirror.
Brownsville (Pa.) Tri-County Hospital has closed after struggling to overcome financial challenges and is being sued by Presidential Healthcare Credit Corp., a Texas-based lender, for $1.52 million in owed funds, according to The Valley Independent.
The University of South Florida is taking steps toward its plan to build a hospital on its Tampa campus, according to the Tampa Bay Business Journal.