Penn State Milton S. Hershey (Pa.) Medical Center has delayed the construction of its new children’s hospital, according to a press release from the organization.
Transactions & Valuation Issues
A planned affiliation between Saint Anthony’s Health System based in Alton, Ill., and Hospital Sisters Health System based in Springfield, Ill., have announced that they have ended plans to affiliate the systems but did not offer an explanation, according to…
El Camino Hospital in Mountain View, Calif., has been negotiating a takeover of Community Hospital of Los Gatos since September, according to the Los Gatos Weekly-Times.
The merger between the two hospitals in Texarkana, Texas, has been called off less than two months after the hospitals had agreed to enter into a non-binding letter of intent to merge, according to KSLA-TV.
Johnson & Johnson has announced that it will acquire Mentor Corp., a supplier of medical products for the aesthetic and general surgery markets, for $1.07 billion.
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The University of Connecticut Health Center and Hartford Hospital have developed a conceptual framework for a merger that would see Hartford Hospital as UConn’s principal partner, according to a release from UConn.
Indiana-based Clarian Health and Cardinal Health System (CHS) have agreed to merge Jan. 1.
Willamette Falls Hospital in Oregon City has agreed to merge with Seattle-based Providence Health & Services, a nonprofit organization that operates 26 acute care medical centers and hospitals in Alaska, Washington, Montana, Oregon and California, according to The Portland Business…
North Oakland Medical Centers in Pontiac, Mich., has been reopened and renamed Doctors Hospital of Michigan following its acquisition by McLaren Health Care in Flint, Mich., and physicians group Oakland Physicians Medical Center, according to the Detroit Free Press.
The value or worth of a medical practice to a third-party buyer in an acquisition is often the subject of much debate, theoretical analysis and often confusion. As the healthcare environment undergoes its cyclical market rituals that often includes the…