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.
Transactions & Valuation Issues
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.
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.
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.
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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.
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.