The Clayton County, Ga., commission has denied Southern Regional Health System in Riverdale, Ga., its request for a $40 million bond, despite it serving as the county's only hospital, according to a The Atlanta Journal-Constitution's report.
Transactions & Valuation Issues
The University of Minnesota Medical Center in Minneapolis will no longer begin construction on a five-story, 3000,000 square-foot ambulatory care center this spring, according to the Minneapolis/St. Paul StarTribune.
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.
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.
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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.
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…