The following healthcare mergers, acquisitions and general partnerships took place or were announced in the past week.
1. McLeod Heath to acquire Clarendon Health System
The board of Manning, S.C.-based Clarendon Health System finalized the agreement with Florence, S.C.-based McLeod Health to merge the two facilities.
2. Washington Health System, UPMC strike cardiac surgery partnership
Officials at Washington (Pa.) Health System announced their intent to partner with the Pittsburgh-based UPMC Heart and Vascular Institute to expand cardiac services in the area, effective this month.
3. Evolent Health is acquiring the majority of Valence Health
Arlington, Va.-based Evolent Health entered into a definitive agreement to acquire Valence Health in Chicago for approximately $145 million.
4. Princeton HealthCare, University of Pennsylvania Health System explore partnership
Plainsboro, N.J.-based Princeton HealthCare System and the University of Pennsylvania Health System in Philadelphia announced their intent to pursue a partnership.
5. Little River Healthcare to partner with Memorial Hospital of Texas County
Rockdale, Texas-based Little River Healthcare agreed to provide administrative and management services to Memorial Hospital of Texas County in Guymon, Oklahoma.
6. Seton Hall, Hackensack Meridian Health cinch site for new medical school
South Orange, N.J.-based SetonHallUniversity and Hackensack (N.J.) Meridian Health in signed a long-term lease agreement to lease 16 acres and two buildings on the former Hoffmann-La Roche biomedical campus to serve as the home of their new health and medical sciences campus.
7. HealthSouth, Novant plan to build inpatient rehabilitation hospital
Birmingham, Ala.-based HealthSouth and Novant Health in Winston-Salem, N.C. formed a joint venture to file a Certificate of Need application to build a 68-bed, freestanding inpatient rehabilitation hospital in Winston-Salem.
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