Charlotte, N.C.-based MedCath and its physician partners have entered into a definitive agreement to sell Heart Hospital of Austin (Texas) to Austin-based St. David’s HealthCare. The sale comes after Austin Heart, a leading cardiology practice and co-founder of Heart Hospital of Austin, merged with St. David’s.
Marquette (Mich.) General Hospital and Bell Hospital in Ishpeming, Mich., have announced a partnership agreement in which the two hospitals would merge together to form non-profit Superior Health Partners.
Continuum Health Partners, which currently operates Long Island College Hospital in Cobble Hill, N.Y., approved an agreement that would allow the hospital to merge with SUNY Downstate Medical Center in Crown Heights, N.Y. The groups are awaiting state approval on the merger.
Memphis, Tenn.-based Baptist Memorial Health Care and NEA Clinic, based in Jonesboro, Ark., have merged into a new, non-profit health system called NEA Baptist Health System. Baptist acquired the clinic under the merger agreement for an undisclosed sum.
Rockport, Maine-based Pen Bay Healthcare has approved a merger with Portland, Maine-based MaineHealth in which Pen Bay would become a subsidiary of MaineHealth. The deal is currently awaiting approval from the state.
Oakbrook, Ill.-based Advocate Health Care has completed its acquisition of Normal, Ill.-based BroMenn Health. Under the deal, Advocate will take control of BroMenn’s two hospitals, which will be Advocate’s first holdings outside of the Chicago area.
Clarian Health, based in Indianapolis, and Bloomington (Ind.) Hospital have officially merged. The Bloomington acquisition will bring the number of hospitals in the state under Clarian’s ownership to 17.
New Orleans-based Ochsner Health System will acquire 165-bed NorthShore Regional Medical Center in Slidell, La., and its adjacent ambulatory surgery center, effective April 1. The financial terms of the sale by HCP, a real estate trust that owns the facility, and Tenet Healthcare Corp., which manages NorthShore and has assets within the facility, were not disclosed.
Union Hospital in Mayville, N.D., has finalized its merger with Fargo, N.D.-based MeritCare. Under the agreement, Union Hospital will operate as part of MeritCare and will be called MeritCare Mayville Union Hospital and Clinic.
Lakeland HealthCare in St. Joseph, Mich., and Southwestern Medical Clinic in Berrien Springs, Mich., have agreed to merge. The deal would integrate the non-profit, community-owned health system and the 70-physician multi-specialty medical practice.
LibertyHealth System has sold its 230-bed Meadowlands Hospital in Secaucus, N.J., to Newark-based MHA. The financial details of the sale were not disclosed in the report, but MHA will continue to operate Meadowlands as an acute-care facility.
Hendersonville, Tenn.-based Restoration Healthcare has acquired 90-bed Banks-Jackson-Commerce Medical Center in Commerce, Ga., for $7.1 million.
