Chicago-based Resurrection Health Care signed a non-binding letter of intent to sell two hospitals and its outpatient center to Nashville, Tenn.-based Vanguard Health System, according to news reports.
Transactions & Valuation Issues
A group of 20-70 physicians from Good Samaritan Hospital in Kearney, Neb., are looking to build a hospital, Kearney Regional Medical Center, by the end of 2010, according to a report in the Omaha World-Herald.
Austin, Texas-based Scott & White Healthcare and Brenham, Texas-based Trinity Health Services have signed a letter of intent to merge, according to a report by the Austin Business Journal.
For the first time HealthCare Appraisers has surveyed the physician hospital industry to determine current perspectives among industry participants regarding valuation, transaction activity and management fees. With the help of Physician Hospitals of America, 30 respondents participated in our survey,…
The University of Connecticut has dropped a plan to merge UConn Health Center with Hartford Hospital, deciding that the plan could does not have enough support from state lawmakers, according to a report by the Hartford Courant.
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Although Tenet Healthcare Corp. operates two hospitals in partnership with physician-owners, an official at the 49-hospital network said Tenet would eliminate those partnerships if new physician-owned hospitals were banned under the current health reform legislation, according to a report by…
The University of California Board of Regents is expected to approve a proposal for a partnership between the university system and Los Angeles County to reopen Martin Luther King Jr. Hospital in Willowbrook, Calif., according to a report by the…
Beloit (Wis.) Memorial Hospital and Beloit Clinic are finalizing plans to merge into Beloit Health System, according to a report by the Janesville Gazette.
Dallas-based Broadlane, a leading cost-management company for healthcare providers, has acquired Healthcare Performance Partners, a consulting group offering lean healthcare and Six Sigma consulting services, training and tools, according to a Broadlane news release.
Colorado Attorney General John Suthers has approved a plan for Sisters of Charity of Leavenworth Health System to manage two Exempla Healthcare System hospitals, according to a report by the Denver Business Journal.