Morristown, N.J.-based Atlantic Health System and Wayne, N.J.-based William Paterson University have signed an agreement for a collaboration to help improve health profession education and health services in New Jersey.
Category: Hospital Transactions and Valuation
Texas Hospital Association leader: More needed to help state's rural hospitals
A recent report from Chartis, a healthcare advisory services firm, found that 45 Texas rural hospitals are at risk of closure. The state’s total composes the highest percentage of the 418 rural hospitals in the U.S. at the risk of closure.
Pennsylvania hospital to join WellSpan Health
Lewisburg, Pa.-based Evangelical Community Hospital is set to join York, Pa.-based WellSpan Health pending regulatory approval.
Corewell to demolish former Michigan hospital, sell land for $1
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.
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.
