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Hospital and Health System Transactions (Jan 2013)

St. Louis-based Ascension Health is negotiating with Kansas City, Mo.-based HCA Midwest Health System to sell St. Joseph Medical Center in Kansas City and St. Mary’s Medical Center in Blue Springs, Mo., as well as other subsidiaries of Kansas City-based Carondelet Health.

St. Petersburg, Fla.-based Bayfront Health System signed a letter of intent to form a strategic partnership with Naples, Fla.-based Health Management Associates and its affiliate Shands HealthCare in Gainesville, Fla.

Beth Israel Deaconess Medical Center in Boston signed a memorandum of understanding for an affiliation with Signature Healthcare in Brockton, Mass.

Cambridge (Mass.) Health Alliance entered exclusive talks with Beth Israel Deaconess Medical Center in Boston for a potential affiliation.

Following the finalization of Franklin, Tenn.- based Capella Healthcare’s acquisition, Muskogee (Okla.) Community Hospital and Muskogee Regional Medical Center became Eastar Health System.

Englewood, Colo.-based Catholic Health Initiatives finalized an agreement with Omaha, Neb.-based Immanuel to become the sole sponsor of Alegent-Creighton Health in Omaha.

Englewood, Colo.-based Catholic Health Initiatives, its affiliate Saint Clare’s Health System in Denville, N.J., and Ascension Health Care Network in St. Louis decided to end negotiations for the transfer of ownership of Saint Clare’s.

San Francisco-based Dignity Health ended negotiations with Ashland (Ore.) Community Hospital.

Halifax Health in Port Orange, Fla., and Naples, Fla.-based Health Management Associates filed letters of interest to merge with Bert Fish Medical Center in New Smyrna Beach, Fla.

The proposed merger between HealthPartners in Bloomington, Minn., and Park Nicollet Health Services in St. Louis Park, Minn., cleared federal antitrust review.

Detroit-based Henry Ford Health System and Beaumont Health System in Royal Oak, Mich., signed a letter of intent to combine their operations into a new $6.4 billion organization.

Landmark Medical Center in Woonsocket, R.I., signed an asset purchase agreement with Ontario, Calif.-based Prime Healthcare, foregoing a competing offer from Hudson Hospital Holdco — which operates several New Jersey hospitals after Boston-based Steward Health Care backed out of its deal with Landmark. The deal received court approval in October.

Norton Healthcare in Louisville, Ky., and Clark Memorial Hospital in Jeffersonville, Ind., signed an agreement to explore a potential partnership.

Atlanta-based Piedmont Healthcare and Well- Star Health System, also in Atlanta, announced a partnership to create the Georgia Health Collaborative.

Ontario, Calif.-based Prime Healthcare Services completed the purchase of Lower Bucks Hospital in Bristol, Pa.

Saint Vincent Health System in Erie, Pa., agreed to a clinical affiliation for cardiovascular services with Cleveland Clinic.

Elgin, Ill.-based Sherman Health announced its intent to partner with Oak Brook, Ill.-based Advocate Health Care.

The merger between Vineland, N.J.-based South Jersey Healthcare and Woodbury, N.J.-based Underwood-Memorial Hospital received approval from a New Jersey Superior Court Judge.

Tallahassee (Fla.) Memorial HealthCare and UF&Shands in Gainesville, Fla., announced an affiliation to expand cancer care options for patients.

Novi, Mich.-based Trinity Health and Newtown Square, Pa.-based Catholic Health East, both Catholic health systems, signed a non-binding letter of intent to come together in a unified health system.

Trover Health System in Madisonville, Ky., is joining Baptist Health in Louisville, Ky.

Universal Health Services in King of Prussia, Pa., completed its divestiture of Auburn (Wash.) Regional Medical Center.

University Medical Center in Louisville, Ky., and the University of Louisville entered into a partnership bringing together University Hospital and the James Graham Brown Cancer Center with KentuckyOne Health in Louisville.

University of Maryland Medical System in Baltimore announced it expected to complete its acquisition of St. Joseph Medical Center in Towson, Md., in December.

Waterbury (Conn.) Health Network, the parent company of Waterbury Hospital, signed a letter of intent to develop a joint venture with Nashville, Tenn.-based Vanguard Health Systems.

Senior leaders from Pittsburgh-based West Penn Allegheny Health System and health insurer Highmark discussed how to rejuvenate their planned $475 million merger that went awry in late September.

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