Grand Rapids, Mich.-based Corewell Health has shared plans to transfer land ownership where shuttered Kelsey Hospital operated to the Village of Lakeview (Mich.) for the purchase price of $1.
Category: Hospital Transactions and Valuation
Virginia hospital extends day care lease to avoid closure
Fredericksburg, Va.-based Mary Washington Hospital, part of Fredericksburg-based Mary Washington Healthcare, has extended its lease to Kids’ Station, operated by KinderCare, after previously informing hospital employees that the day care center would b…
CHS eyes $1B in potential hospital sales
Franklin, Tenn.-based Community Health Systems has sold a number of hospitals over the past several years and is evaluating interest for sales that could yield more than $1 billion in additional proceeds, CEO Tim Hingtgen said on the company’s Feb. 21 …
The tide is turning on healthcare megamergers
Proposed healthcare mergers and acquisitions are continuing to face backlash from hospital and physician groups along with state and federal lawmakers — signaling a turn of the tide against megadeals.
Ascension offloads New York system to Guthrie Clinic
The Guthrie Clinic in Sayre, Pa., has completed the acquisition of Our Lady of Lourdes Memorial Hospital System from St. Louis-based Ascension, according to financial documents published Feb. 16.
Indiana health system strikes ASC joint venture
Fort Wayne, Ind.-based Parkview Health is forming an ambulatory surgical center joint venture with Brentwood, Tenn.-based Surgery Partners to expand its surgical care offerings with independent physician groups.
3 health systems closing day care operations
Three hospitals have shared plans to close or restructure their day care facilities over the last month.
UCI Health, Lifepoint Health break ground on California rehabilitation hospital
Orange, Calif.-based UCI Health and Lifepoint Rehabilitation — a Brentwood, Tenn.-based Lifepoint Health business unit — have broken ground on a new inpatient rehabilitation hospital in Irvine, Calif., as part of a joint venture partnership.
HCA to open $15.5M freestanding Florida ER
Kissimmee-based HCA Florida Osceola Hospital, part of Nashville, Tenn.-based HCA Healthcare, is set to open a $15.5 million freestanding emergency room on Feb. 27.
$1.48B Kaiser Sacramento hospital could break ground in 2024
Oakland, Calif.-based Kaiser Permanente might be breaking ground on a hospital in the Sacramento rail yards this year, the Sacramento Business Journal reported Feb. 15.
