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Hospital & Health System
Transactions
Allina Health, based in Minneapolis, will fully acquire Regina Medical Center in Hastings, Minn.
More than a year after entering the due diligence
phase of a proposed asset purchase agreement,
Franklin, Tenn.-based Capella Healthcare and
Chesterfield, Mo.-based Mercy discontinued
discussions to join their respective hospitals in
Hot Springs, Ark.
Carolinas HealthCare System, based in Charlotte, N.C., acquired full ownership of Stanly
Health Services, which operates Stanly Regional Medical Center in Albemarle, N.C.
Elmhurst (Ill.) Memorial Healthcare and Edward Hospital & Health Services in Naperville, Ill., announced the appointed leaders of
their newly merged system, finalized in early July
after signing a definitive agreement in April.
Gundersen Health System in La Crosse, Wis.,
and Boscobel (Wis.) Area Health Care have
signed an affiliation agreement. Effective Oct.
1, Boscobel will become part of the Gundersen
system as Gundersen Boscobel Area Hospital
and Clinics.
Nashville, Tenn.-based Hospital Corp. of
America and Franklin, Tenn.-based IASIS
Healthcare have signed a definitive agreement,
in which HCA will buy the three hospitals IASIS
owns in Florida.
The Keck Medical Center of USC in Los Angeles officially acquired Verdugo Hills Hospital in Glendale, Calif.
The Rhode Island Department of Health has
approved the affiliation between Memorial
Hospital of Rhode Island in Pawtucket and
Care New England Health System, based in
Providence, R.I.
Mission Health in Asheville, N.C., finalized its
acquisition of Angel Medical Center in Franklin, N.C. However, Mission Health, and Rutherfordton, N.C.-based Rutherford Regional
Health System terminated their nonbinding
memorandum of understanding for RRHS to
become a member of Mission Health.
The Mount Sinai Hospital and Continuum
Health Partners signed a definitive agreement
to merge, creating the largest private health system in New York City.
Partners HealthCare and its Massachusetts
General Hospital, both based in Boston,
closed their transaction with Cooley Dickinson Hospital in Northampton, Mass., making
Cooley Dickinson an affiliate hospital.
St. Joseph's Hospital Health Center in Syracuse, N.Y., and Livonia, Mich.-based CHE
Trinity Health signed a nonbinding letter of
intent to affiliate.
Saint Vincent Health System, based in Erie,
Pa., officially merged into Allegheny Health
Network, the integrated delivery system operated by Pittsburgh-based health insurer Highmark.
San Luis Valley Regional Medical Center in
Alamosa, Colo., integrated with Conejos County Hospital in La Jara, Colo., to form San Luis
Valley Health.
Dallas-based for-profit hospital giant Tenet
Healthcare Corp. signed a definitive agreement to acquire private-equity backed Vanguard Health Systems, based in Nashville,
Tenn., for $21 per share, a $4.3 billion all-cash
transaction.
The Unicoi County Memorial Hospital
Board of Control in Erwin, Tenn., accepted
a proposal from Johnson City, Tenn.-based
Mountain States Health Alliance to acquire
the public-owned hospital.
Cleveland-based University Hospitals and
Parma (Ohio) Community General Hospital
signed a letter of intent to merge.
Baltimore-based University of Maryland
Medical System finalized the affiliation of two
of its member systems, Chester River Health
System in Chestertown, Md., and Shore Health
System in Cambridge, Md.
The University of Michigan Health System,
based in Ann Arbor, signed an affiliation agreement with Midland, Mich.-based MidMichigan
Health, granting UMHS a minority ownership
interest in MidMichigan in exchange for limited
branding rights.
Greenville (S.C.) Health System and Laurens
County Health Care System in Clinton, S.C.,
ended nine-month negotiations by signing a deal
to affiliate.
The William W. Backus Hospital in Norwich,
Conn., and Hartford (Conn.) HealthCare have
received state approval on a proposed affiliation.
The Connecticut Office of Health Care Access
has authorized a certificate of need to form a
partnership, which means Backus and Hartford
Hospital's regional care network can now create
an integrated healthcare delivery system.
Advertising
Index
Note: Ad page number(s) given in parentheses
American Health Information
Management Association.
ahima.org / ahima.org/customersupport /
(800) 335-5535 (p. 3)
ASCOA. blambert@ascoa.com /
www.ascoa.com / (866) 982-7262 (p. 7)
Associated Bank.
Karen.anillo@AssociatedBank.com /
https://www.associatedbank.com / (312)
552-2464 (p. 46)
The Beryl Companies. beryl@beryl.net /
www.beryl.net / (817) 785-5028 (p. 28)
Cogent Healthcare.
www.cogenthealthcare.com /
615-377-5600 / 888-646-7763 (p. 36)
The Greeley Company.
tgc@greeley.com / www.greeley.com /
(888) 749-3054 (p. 26)
HealthCare Appraisers.
info@hcfmv.com /
www.healthcareappraisers.com /
(561) 330-3488 (p. 30, 31, 32, 33)
Henry Schein Medical.
erin.fitzpatrick@henryschein.com /
www.henryschein.com / 631-390-8043 /
(p. 42, 43, 44, 45)
Hire Heroes USA.
https://www.hireheroesusa.org /
(866) 915-4376 (p. 59)
IntelliCentrics. www.IntelliCentrics.com /
(972)-316-6524 (p. 11)
KeyBank. kip_clarke@keybank.com /
www.key.com/healthcare /
(216) 689-4201 (p. 38)
MedAssets. Medassets.com /
(888) 883-6332 (p.4)
Optum. perform@optum.com /
http://www.optum.com /
(866) 322-0958 (p. 14, 15, 16, 17)
Principle Valuation.
tbaker@principlevaluation.com /
www.principlevaluation.com /
(312) 422-1010 (p. 25)
Surgical Directions.
info@surgicaldirections.com /
www.surgicaldirections.com /
(312) 870-5600 (p. 2)
TeleTracking.
Lisa-DiMuccio-Zgela@teletracking.com /
www.teletracking.com / (800) 927-0294
(p. 52, 53, 54, 55, 56)
VMG Health. osullivan@vmghealth.com /
www.vmghealth.com / (214) 369-4888
(p. back cover)
