Boston and 81-bed Milton (Mass.) Hospital plan to merge by October. The hospitals have shared a business relationship for eight years and are already clinical affiliates. BIDMC will oversee Milton’s operations and finances. Milton will keep control of strategic planning and its own board of trustees.
Franklin, Tenn.-based Community Health Systems acquired substantially all of the assets of Scranton, Pa.-based Mercy Health Partners from Cincinnati-based Catholic Health Partners. The acquisition includes 198-bed Regional Hospital of Scranton (Pa.) and 48-bed Tyler Memorial Hospital in Tunkhannock, Pa., bringing CHS’ total number of acute hospitals in Pennsylvania to 13.
Community Hospital Long Beach (Calif.) joined Fountain Valley, Calif.-based Memorial- Care Health System as its sixth hospital in Los Angeles and Orange Counties. Under the agreement, MemorialCare assumes the lease of Community Hospital from the City of Long Beach.
Lebanon, N.H.-based Dartmouth-Hitchcock Health and Bennington, Vt.-based Southwestern Vermont Health Care plan to affiliate. The affiliation is part of SVHC’s strategic plan to expand the network of physicians and services available to patients. Discussions regarding the partnership should be complete by the fall.
Nashville, Tenn.-based HCA completed its acquisition of Miami’s 473-bed Mercy Hospital. Mercy Hospital is now a campus of HCA affiliate Plantation (Fla.) General Hospital, and has been renamed Mercy Hospital – A campus of Plantation General Hospital. Mercy Hospital will retain its Catholic identity.
Naples, Fla.-based Health Management Associates is in negotiations with Knoxville, Tenn.-based Mercy Health Partners, part of Cincinnati-based Catholic Health Partners, to acquire its seven hospitals. MHP hopes to complete the transaction by this fall.
Naples, Fla.-based Health Management Associates completed the transaction to form a joint venture with the current physician owners of the 112-bed Tri-Lakes Medical Center in Batesville, Miss. HMA will own a 95 percent controlling interest in Tri-Lakes and will manage its operations.
The FTC approved the sale of MedCath’s Heart Hospital of New Mexico in Albuquerque to Albuquerque-based Lovelace Health System. As part of the deal, Lovelace Health System, which is owned by Nashville, Tenn.-based Ardent Health Services, will pay $119 million for the hospital.
Long Island College Hospital in Brooklyn, N.Y., is officially part of SUNY Downstate Medical Center, also in Brooklyn. LICH has been renamed the University Hospital of Brooklyn at Long Island College Hospital.
Phoenix-based Maricopa Integrated Health System has partnered with the University of Arizona College of Medicine in Phoenix to become the school’s primary teaching, training and research hospital.
A management services and affiliation agreement was finalized between 235-bed Marin General Hospital in Greenbrae, Calif., and 83-bed Sonoma (Calif.) Valley Hospital. The partnership is expected to allow both hospitals to share more physicians, negotiate more favorable reimbursement rates and possibly reduce IT, billing and marketing services.
The 176-bed Martha Jefferson Hospital in Charlottesville, Va., merged with Norfolk, Va.- based Sentara Healthcare, becoming the nonprofit system’s 10th hospital.
Rochester, Minn.-based Mayo Clinic has announced plans to acquire 25-bed Queen of Peace Hospital in New Prague, Minn. The hospital and its clinics, which are based in New Prague, Belle Plaine, Le Sueur and Montgomery, will be renamed Mayo Clinic Health Systems when the deal is finalized in July.
Asheville, N.C.-based Mission Health will manage Angel Medical Center in Franklin, N.C. Angel CEO Tim Hubbs compared the management deal to an “engagement” preceding marriage, or a full merger.
Morton Hospital and Medical Center in Taunton, Mass., has filed formal notice with the state attorney general’s office of its plan to be acquired by Boston-based Steward Health Care System. The acquisition would convert the non-profit hospital to for-profit status.
Ripon (Wis.) Medical Center is now a member of Agnesian HealthCare, based in Fond du Lac, Wis. RMC will retain its name and current services with the addition of specialties.
A merger between Seton Health in Troy, N.Y., and Albany, N.Y.-based Northeast Health and St. Peter’s Health Care Services will result in a new health system with a new name: St. Peter’s Health Partners. The names of all four acute-care hospitals in the New York system will remain the same under the new system identity. These facilities are Albany Memorial Hospital, St. Mary’s Hospital in Troy, St. Peter’s Hospital in Albany and Samaritan Hospital in Troy.
Athens, Ga.-based St. Mary’s Health Care System, part of Newtown Square, Pa.-based Catholic Health East, signed a letter of intent to acquire Saint Joseph’s East Georgia in Greensboro, Ga.
Chapel Hill, N.C.-based UNC Health Care is considering Raleigh, N.C.-based WakeMed Health’s unsolicited offer to purchase Rex Healthcare, also in Raleigh, for $750 million.*
The board of commissioners of Coupeville, Wash.-based Whidbey General Hospital unanimously rejected a proposal by Franklin, Tenn.- based Capella Healthcare to buy the hospital. Although Capella did not make a specific proposal, they suggested leasing the facility from the hospital district, purchasing it or operating it as a joint venture with 50-50 ownership.
*Note: A previous version of this article incorrectly stated that UNC Health Care had rejected WakeMed Health's offer. We regret the error.
Franklin, Tenn.-based Community Health Systems acquired substantially all of the assets of Scranton, Pa.-based Mercy Health Partners from Cincinnati-based Catholic Health Partners. The acquisition includes 198-bed Regional Hospital of Scranton (Pa.) and 48-bed Tyler Memorial Hospital in Tunkhannock, Pa., bringing CHS’ total number of acute hospitals in Pennsylvania to 13.
Community Hospital Long Beach (Calif.) joined Fountain Valley, Calif.-based Memorial- Care Health System as its sixth hospital in Los Angeles and Orange Counties. Under the agreement, MemorialCare assumes the lease of Community Hospital from the City of Long Beach.
Lebanon, N.H.-based Dartmouth-Hitchcock Health and Bennington, Vt.-based Southwestern Vermont Health Care plan to affiliate. The affiliation is part of SVHC’s strategic plan to expand the network of physicians and services available to patients. Discussions regarding the partnership should be complete by the fall.
Nashville, Tenn.-based HCA completed its acquisition of Miami’s 473-bed Mercy Hospital. Mercy Hospital is now a campus of HCA affiliate Plantation (Fla.) General Hospital, and has been renamed Mercy Hospital – A campus of Plantation General Hospital. Mercy Hospital will retain its Catholic identity.
Naples, Fla.-based Health Management Associates is in negotiations with Knoxville, Tenn.-based Mercy Health Partners, part of Cincinnati-based Catholic Health Partners, to acquire its seven hospitals. MHP hopes to complete the transaction by this fall.
Naples, Fla.-based Health Management Associates completed the transaction to form a joint venture with the current physician owners of the 112-bed Tri-Lakes Medical Center in Batesville, Miss. HMA will own a 95 percent controlling interest in Tri-Lakes and will manage its operations.
The FTC approved the sale of MedCath’s Heart Hospital of New Mexico in Albuquerque to Albuquerque-based Lovelace Health System. As part of the deal, Lovelace Health System, which is owned by Nashville, Tenn.-based Ardent Health Services, will pay $119 million for the hospital.
Long Island College Hospital in Brooklyn, N.Y., is officially part of SUNY Downstate Medical Center, also in Brooklyn. LICH has been renamed the University Hospital of Brooklyn at Long Island College Hospital.
Phoenix-based Maricopa Integrated Health System has partnered with the University of Arizona College of Medicine in Phoenix to become the school’s primary teaching, training and research hospital.
A management services and affiliation agreement was finalized between 235-bed Marin General Hospital in Greenbrae, Calif., and 83-bed Sonoma (Calif.) Valley Hospital. The partnership is expected to allow both hospitals to share more physicians, negotiate more favorable reimbursement rates and possibly reduce IT, billing and marketing services.
The 176-bed Martha Jefferson Hospital in Charlottesville, Va., merged with Norfolk, Va.- based Sentara Healthcare, becoming the nonprofit system’s 10th hospital.
Rochester, Minn.-based Mayo Clinic has announced plans to acquire 25-bed Queen of Peace Hospital in New Prague, Minn. The hospital and its clinics, which are based in New Prague, Belle Plaine, Le Sueur and Montgomery, will be renamed Mayo Clinic Health Systems when the deal is finalized in July.
Asheville, N.C.-based Mission Health will manage Angel Medical Center in Franklin, N.C. Angel CEO Tim Hubbs compared the management deal to an “engagement” preceding marriage, or a full merger.
Morton Hospital and Medical Center in Taunton, Mass., has filed formal notice with the state attorney general’s office of its plan to be acquired by Boston-based Steward Health Care System. The acquisition would convert the non-profit hospital to for-profit status.
Ripon (Wis.) Medical Center is now a member of Agnesian HealthCare, based in Fond du Lac, Wis. RMC will retain its name and current services with the addition of specialties.
A merger between Seton Health in Troy, N.Y., and Albany, N.Y.-based Northeast Health and St. Peter’s Health Care Services will result in a new health system with a new name: St. Peter’s Health Partners. The names of all four acute-care hospitals in the New York system will remain the same under the new system identity. These facilities are Albany Memorial Hospital, St. Mary’s Hospital in Troy, St. Peter’s Hospital in Albany and Samaritan Hospital in Troy.
Athens, Ga.-based St. Mary’s Health Care System, part of Newtown Square, Pa.-based Catholic Health East, signed a letter of intent to acquire Saint Joseph’s East Georgia in Greensboro, Ga.
Chapel Hill, N.C.-based UNC Health Care is considering Raleigh, N.C.-based WakeMed Health’s unsolicited offer to purchase Rex Healthcare, also in Raleigh, for $750 million.*
The board of commissioners of Coupeville, Wash.-based Whidbey General Hospital unanimously rejected a proposal by Franklin, Tenn.- based Capella Healthcare to buy the hospital. Although Capella did not make a specific proposal, they suggested leasing the facility from the hospital district, purchasing it or operating it as a joint venture with 50-50 ownership.
*Note: A previous version of this article incorrectly stated that UNC Health Care had rejected WakeMed Health's offer. We regret the error.