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Hospital and Health System Transactions (March 2012)

Ashland (Ore.) Community Hospital considered proposals from five health systems to partner or form an alliance.

Auburn (N.Y.) Memorial Hospital announced a potential affiliation with Rochester (N.Y.) General Health System.

Community Health Systems, in Franklin, Tenn., and its subsidiaries signed a definitive agreement to acquire Memorial Health Systems, in York, Pa.

Community Health Systems, based in Franklin, Tenn., announced the formation of a regional healthcare system, Commonwealth Health.

Geisinger Health System of Danville, Pa., acquired Community Medical Center in Scranton, Pa., and its affiliates.

Hartford (Conn.) HealthCare, Hartford Hospital’s regional care network, announced a potential affiliation with Backus Corp., parent company of Backus Healthcare System, based in Norwich, Conn.

Huntsville (Ala.) Hospital announced plans to purchase 150-bed Hartselle (Ala.) Medical Center.

Nashville, Tenn.-based Hospital Corporation of America acquired Galichia Heart Hospital in Wichita, Kan.

Howard Regional Health System in Kokomo, Ind., and Community Health Network, based in Indianapolis, announced a formal affiliation.

Integris Health in Oklahoma City executed a definitive agreement with Health Management Associates in Naples, Fla., to enter a joint venture with five Oklahoma hospitals.

Jersey City (N. J.) Medical Center collaborated with Community Healthcare Associates in Bloomfield, N.J., to offer a $104 million bid on Christ Hospital in Jersey City, N.J.

Johnson Memorial Medical Center in Stafford Springs, Conn., and St. Francis Hospital in Hartford, Conn., finalized an affiliation agreement.

Lovelace Health System, based in Albuquerque, N.M., completed its purchase of the assets and operations of Roswell (N.M.) Regional Hospital and its Family Care Clinic in Roswell.

McKenzie County Healthcare Systems of Watford City, N.D., affiliated with St. Alexius Medical Center in Bismarck, N.D.

Louisville, Ky.-based Merit Health Systems finalized the sale of its Nix Health Care System, based in San Antonio, to Prospect Medical Holdings in Los Angeles.

Peoria, Ill.-based OSF Healthcare System signed a definitive agreement to acquire Ottawa (Ill.) Regional Hospital & Healthcare Center.

Poudre Valley Health System in Fort Collins, Colo., and University of Colorado Hospital in Aurora, completed a joint operating agreement, creating University of Colorado Health.

Ontario, Calif.-based Prime Healthcare withdrew its offer to purchase Christ Hospital in Jersey City, N.J.

Providence Health & Services, based in Renton, Wash., and Seattle-based Swedish Health Services finalized their affiliation.

Sanford Health, based in Fargo, N.D. and Sioux Falls, S.D., signed a definitive agreement to purchase Clearwater Health Services in Bagley, Minn.

Skaggs Regional Medical Center in Branson, Mo., announced plans to seek a strategic partner.

Sparrow Health System in Lansing, Mich., and Hayes Green Beach Memorial Hospital in Charlotte, Mich., are working to develop a nonexclusive affiliation.

St. Joseph Medical Center in Towson, Md., narrowed its search for a strategic partner to three candidates.

St. Luke’s Hospital and Health Network, based in Bethlehem, Pa., and Warren Hospital in Phillipsburg, N.J., officially merged.

Twin County Regional Healthcare in Galax, Va., announced a definitive agreement with Duke LifePoint Healthcare of Brentwood, Tenn., for joint ownership of the hospital.

Pittsburgh-based West Penn Allegheny Health System announced it expects approval of its affiliation with Highmark, also based in Pittsburgh, by fall.

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