Hospital and Health System Transactions

The merger between Roger Williams Medical Center and St. Joseph Health Services of Rhode Island, both in Providence, R.I., has been approved by Attorney General Patrick Lynch, and the two groups will form CharterCARE Health Partners. Integrated operations are expected to begin in Jan. 2010.

Health Management Associates, based in Naples, Fla., has acquired the 492-bed Sparks Health System, located in Fort Smith, Ark.

Novant Health and Wake Forest University Baptist Medical Center have reached an agreement which may lead to both institutions completing community hospitals four miles apart in Clemmons and Advance, N.C.  Novant and Wake Forest have been contending each other’s hospital plans since Sept. 2007, and the agreement is seen as a step forward for both hospitals’ projects.

The North Dakota Attorney General has approved merger plans between MeritCare, a health system based in Fargo, N.D., and Sanford Health, a health system based in Sioux Falls, S.D.

Tyler Memorial Hospital in Tunkhannock, Pa., is merging with Mercy Health Partners as of Jan. 1, 2010. Both facilities said operations would remain the same at first and both boards would focus on expanding staffing and facilities.

Olean (N.Y.) General Hospital and Bradford (Pa.) Regional Medical Center have merged to form Upper Allegheny Health System.

Potomoc Hospital in Woodbridge, Va., is finalizing a merger with Sentara Healthcare. The two systems signed a letter of intent in June and are waiting for final approval from the Virginia Attorney General.

Chicago-based Resurrection Health Care signed a non-binding letter of intent to sell Westlake Hospital in Melrose Park, Ill., West Suburban Medical Center in Oak Park, Ill., and Resurrection outpatient facilities in River Forest, Ill. to Nashville, Tenn.-based Vanguard Health System. The sale will be finalized once approval is received from Illinois state officials.

Memphis, Tenn.-based Baptist Memorial Health Care Corp. is planning to sell its Baptist Memorial Hospital-Lauderdale in Ripley, Tenn., to Kansas City, Mo.-based HMC/CAH Consolidated. This marks HMC/CAH’s tenth acquisition.

The Rothman Institute, a 62-physician orthopedics practice in Philadelphia, opened the Bucks County Specialty Hospital in Bensalem, Pa. The six-OR, 24-bed hospital is a partnership between the physicians a Leawood, Kan.-based Nueterra Healthcare.

Martin Luther King Jr. Hospital in Los Angeles will undergo a $350 million renovation and reopen in 2013 with 120 beds, down from 233 when it was shut down two years ago.

Cape Fear Valley Health System, based in Fayetteville, N.C., and FirstHealth of the Carolinas, based in Pinehurst, N.C., have received state approval to build new hospitals in and near Hoke County. FirstHealth, which is also waiting on approval to build an outpatient surgery center, plans to build a $30-$35 million, eight-bed facility in Raeford, N.C., while Cape Fear Valley plans to build a $79 million, 41-bed facility just outside Hoke County.

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