The following hospital mergers, acquisitions and general transaction news took place within the past week, beginning with the most recent.
1. Massachusetts General Obtains License to Buy Cooley Dickinson Hospital
Massachusetts public health officials granted a license to Massachusetts General Hospital in Boston to acquire Northampton, Mass.-based Cooley Dickinson Hospital.
2. City Hires Consultants to Weigh Possible Sale of El Centro Regional in California
The city council of El Centro, Calif., voted to hire a consulting firm to evaluate the benefits of a potential sale, lease or affiliation of California's last city-owned El Centro Regional Medical Center.
3. Sound Shore, Westchester Medical Center in New York End Merger Talks
Discussions died for a proposed merger between Valhalla, N.Y.-based Westchester Medical Center and New Rochelle, N.Y.-based Sound Shore Medical Center.
4. Morehead Memorial Hospital in North Carolina Has No Plans to Sell
Although Morehead Memorial Hospital in Eden, N.C., faces a $1.4 million operating deficit, CEO Carl Martin said there are no immediate plans to sell the hospital.
5. UPMC, Altoona Regional Medical Center Set July 1 Merger Date
The leaders of University of Pittsburgh Medical Center and Altoona (Pa.) Regional Medical Center expect to complete a merger by July 1, ending two years of discussions.
6. Northwest Community Passes on Merger Opportunity
Since announcing in January it had begun "information gathering" for a possible merger, Arlington Heights, Ill.-based Northwest Community Healthcare issued a memo to its medical staff that the board voted against a partnership.
9 Recent Hospital Mergers and Acquisitions
10 Recent Hospital Mergers and Acquisitions
1. Massachusetts General Obtains License to Buy Cooley Dickinson Hospital
Massachusetts public health officials granted a license to Massachusetts General Hospital in Boston to acquire Northampton, Mass.-based Cooley Dickinson Hospital.
2. City Hires Consultants to Weigh Possible Sale of El Centro Regional in California
The city council of El Centro, Calif., voted to hire a consulting firm to evaluate the benefits of a potential sale, lease or affiliation of California's last city-owned El Centro Regional Medical Center.
3. Sound Shore, Westchester Medical Center in New York End Merger Talks
Discussions died for a proposed merger between Valhalla, N.Y.-based Westchester Medical Center and New Rochelle, N.Y.-based Sound Shore Medical Center.
4. Morehead Memorial Hospital in North Carolina Has No Plans to Sell
Although Morehead Memorial Hospital in Eden, N.C., faces a $1.4 million operating deficit, CEO Carl Martin said there are no immediate plans to sell the hospital.
5. UPMC, Altoona Regional Medical Center Set July 1 Merger Date
The leaders of University of Pittsburgh Medical Center and Altoona (Pa.) Regional Medical Center expect to complete a merger by July 1, ending two years of discussions.
6. Northwest Community Passes on Merger Opportunity
Since announcing in January it had begun "information gathering" for a possible merger, Arlington Heights, Ill.-based Northwest Community Healthcare issued a memo to its medical staff that the board voted against a partnership.
More Articles on Hospital Transactions and Valuations:
19 Recent Hospital Mergers and Acquisitions9 Recent Hospital Mergers and Acquisitions
10 Recent Hospital Mergers and Acquisitions