Current hospital market conditions are very challenging, which is likely to drive significant mergers and acquisitions activity in the sector in the near future, says Sean Sullivan, vice president and principal at Brown Gibbons Lang & Company, a boutique investment…
Transactions & Valuation Issues
Citing the credit crisis and the resulting difficulty in securing financing, Lincoln Park Hospital is seeking a buyer, reports the Chicago Tribune.
Tenet Healthcare Corp. has announced that its plans to close Irvine Regional Hospital and Medical Center in Long Beach, Calif., including its emergency room, on Jan. 15, 2009.
Here are the top 10 states with more hospitals than surgery centers, ranked by ratio of hospitals per surgery center, according to SDI’s 2008 Outpatient Surgery Center Market Report. Ratio of number of hospitals per surgery center (ASC) is indicated…
A new hospital in Plainsboro, N.J., has broken ground and is scheduled to open in 2011, according to the Newark Star-Ledger.
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Here are the top 10 states with more surgery centers than hospitals, ranked by ratio of surgery centers per hospital, according to SDI’s 2008 Outpatient Surgery Center Market Report. Ratio of number of surgery centers per hospital is indicated in…
Florida Hospital DeLand has purchased DeLand Surgery Center for $1.7 million.
Ensemble Real Estate Services and DevMan Co. will merge Nov. 1 and form a new specialty real estate service company called Ensemble DevMan of Arizona.
HealthCare Appraisers has announced that Timothy Smith, formerly of Hospital Corporation of America (HCA), has joined the firm as manager.
Affiliated Credit Services (ACS), which specializes in bad debt collections for medical facilities, has acquired Denver-based Collection Associates.