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.
Transactions & Valuation Issues
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.
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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…
Historically, physician-owned centers that opened without corporate support have had an easier time doing well financially; then, if the physician-owners so chose, they could have their choice of corporate partners to whom to sell 51 percent of the ownership for…
St. Joseph Health Systems, based in Orange, Calif., will acquire South Coast Medical Center, a 208-bed facility located in Laguna Beach, Calif., once the transaction is approved by the State Attorney General’s Office, according to The Orange Country Register.