Becker's Hospital Review

Becker's Hospital Review June 2015

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Save the date! CEO Roundtable + CFO/CIO Roundtable — November 18-19, 2015 — Chicago. Please call 800-417-2035 to register. 98 Livonia, Mich.-based Trinity Health and St. Jo- seph's Hospital Health Center in Syracuse, N.Y., entered into a definitive agreement for St. Joseph's to join Trinity's network. Lafayette (La.) General Health and New Orleans- based Ochsner Health System formed a strategic partnership focused on increasing access to care, improving quality and reducing healthcare costs. Hastings, Mich.-based Pennock Health Services will integrate into Grand Rapids, Mich.-based Spectrum Health effective May 1. Slidell (La.) Memorial Hospital and New Orleans- based Ochsner Health System signed a letter of intent to form a partnership. Hackensack (N.J.) University Health Network and Englewood (N.J.) Hospital and Medical Center en- tered into a new clinical and academic affiliation. As part of an effort to increase access to conve- nient, high quality and comprehensive ortho- pedic care, Houston-based Memorial Hermann Health System acquired Houston Orthopedic and Spine Hospital in Bellaire, Texas. Nashville, Tenn.-based Hospital Corporation of America's relationship with Tulane University in New Orleans caused the hospital operator's dis- cussions about taking over East Jefferson General Hospital in Metairie, La., to end. Houston-based Nobilis Health entered into an agreement to acquire Victory Medical Center Houston. Philadelphia-based Penn Medicine finalized an agreement to acquire Lancaster (Pa.) General Health. Spartanburg (S.C.) Regional Healthcare System could take over Union, S.C.-based Wallace Thom- son Hospital and Ellen Sagar Nursing Home as part of a bankruptcy settlement plan for the Union Hospital Stanford (Calif.) Health Care received approval from California Attorney General Kamala Harris to move forward with its acquisition of Pleasan- ton, Calif.-based ValleyCare Health System. Boston Medical Center, the largest safety-net hos- pital in Massachusetts, and Tufts Medical Center in Boston are involved in merger negotiations and are working to have the deal completed by the end of 2015. The boards of trustees of Neptune, N.J.-based Meridian Health and the parent organization of Perth Amboy, N.J-based Raritan Bay Medical Center approved a definitive merger agreement. San Diego-based Scripps Clinic Medical Group, part of Scripps Health, acquired CyberKnife of Southern California in Vista, Calif., Oncology Therapies of Vista and Pacific Radiation Oncol- ogy in Encinitas, Calif. North Bergen, N.J.-based Palisades Medical Cen- ter signed a definitive agreement to join Hacken- sack (N.J.) University Health Network. Chicago-based Ventas, a real estate investment trust, signed a definitive agreement to acquire Nashville, Tenn.-based Ardent Health Services, which is owned by private equity funds managed by Welsh Carson Anderson & Stowe. River Valley Health Partners in East Liverpool, Ohio, and Cincinnati-based Mercy Health with- drew a letter of intent to merge the two systems. The University of Vermont Health Network in Burlington is pursuing a formal affiliation with Alice Hyde Medical Center in Malone, N.Y. Ridgewood, N.J.-based Valley Health System an- nounced an affiliation with Cleveland Clinic's Sydell and Arnold Miller Family Heart & Vascular Institute. Kingsport, Tenn.-based Wellmont Health System and Johnson City, Tenn.-based Mountain States Health Alliance are in exclusive merger talks. Clifton Springs (N.Y.) Hospital & Clinic joined Rochester (N.Y.) Regional Health System, making it the fifth hospital in the health system. Subsidiaries of Franklin, Tenn.-based Commu- nity Health Systems divested Chesterfield Gen- eral Hospital in Cheraw, S.C., and Marlboro Park Hospital in Bennettsville, S.C. Ravenna, Ohio-based Robinson Health System is set to become a part of Cleveland-based Univer- sity Hospitals under an agreement the two orga- nizations reached. IU Health La Porte (Ind.) Hospital and Knox, Ind.-based Starke Hospital, also part of Indianap- olis-based IU Health, signed a non-binding letter of intent to partner with a subsidiary of Franklin, Tenn.-based Community Health Systems. Cincinnati-based Christ Hospital and the Univer- sity of Kentucky's Markey Cancer Center in Lex- ington affiliated as part of a collaboration effort to expand access to cancer care. Hospital & Health System Transactions ADVERTISING INDEX Note: Ad page number(s) given in parentheses ADVERTISER Adreima. info@adreima.com / www.adreima.com/patientadvocacy / (877) 552-3734 (pg. 76 - 79) Affiliated Healthcare Group. administration@officegci.com / kimberleeo@officegci.com (pg. 35) ASCOA. brent@ascoa.com / www.ascoa.com / (866) 982-7262 (pg. 7) ASD Management. rzasa@asdmanagement.com / www.asdmanagement.com / (626) 840-4248 (pg. 36) athenahealth. www.athenahealth.com / (800) 981-5084 (pg. 42 - 45) Bank of America Merrill Lynch. www.baml.com/healthcare (pg. 3) Capella University. nursingtrack8020@capella.edu / www.capella.edu/nursing- track8020 (pg. 4) Certified Equipment Appraisal Associates, Inc. ceaahealthcare@aol.com / www.ceaahealthcare.com / (215) 260-2680 (pg. 25) DJO Surgical. www.exprtprecision.com / (760) 727-1280 (pg. 90 - 93) Fidelity Investments. www.fidelity.com/planfortomorrow / (866) 715-6111 (pg. 15) gMed. info@gmed.com / www.gmed.com/endoworks / (888) 577-8801 (pg. 41) Greeley. info@greeley.com / www.greeley.com / (888) 749-3054 (pg. 100) Healthcare Finance Group, LLC. info@hfgusa.com / www.hfgusa.com / (203) 580-5400 (pg. 71) Healthcare Resource Group. corporate@hrgpros.com / www.hrgpros.com / (800) 695-8171 (pg. 26) HealthStream. www.healthstream.com/patientexperience / (800) 521-0574 (pg. 11) HealthTrust. hpgsvc@healthtrustpg.com / www.healthtrustpg.com / (615) 344-3000 (pg. 29) Henry Schein. letsmeet@henryschein.com / www.henryschein.com/ casestudies / (844) 201-6330 (pg. 39) KeyBank. www.key.com/healthcare (pg. 31) Leidos. contact.us@LeidosHealth.com / www.leidoshealth.com / (877) 652-4099 (pg. 5) LHC Group. strategic.partnerships@lhcgroup.com / www.lhcgroup.com/ partnerships / (866) 542-47687 (pg. 49) PARA HealthCare Financial Services. www.para-hcfs.com / (800) 999-3332 (pg. 33) Principle Valuation. info@principlevaluation.com / www.principlevaluation.com / (312) 422-1010 (pg. 99) Prism Healthcare. results@prismhealthcare.com / www.prismhealthcare.com / (312) 610-4850 (pg. 2) Surgical Directions. info@surgicaldirections.com / www.surgicaldirections.com / (312) 870-5600 (pg. 16 - 19) The Surgicalist Group. www.thesurgicalist.com / (888) 510-1325 (pg. 47) TransUnion. hcsupport@transunion.com / www.transunionhealthcare. com / (888) 791-3088 (pg. 72 - 75) Xtend Healthcare. tcaballero@xtendhealthcare.net / www.xtendhealthcare.net / (800) 882-1325 (pg. 82 - 85)

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