Month: February 2018

OSF Healthcare acquired two hospitals from Presence Health

Transaction Announcement Ponder & Co. (“Ponder”) is pleased to announce that OSF HealthCare (“OSF”) has acquired Presence Covenant Medical Center and Presence United Samaritans Medical Center from Presence Health (“Presence”). This transaction preserves and improves local access to high-quality affordable Catholic healthcare services for the residents of Champaign-Urbana and Danville, Illinois. The two hospitals combined … Continued

Mount Nittany Medical Center Series 2018 A & B

$48,730,000 Series A Tax-exempt Fixed Rate Bonds $18,470,000 Series B Federally Taxable Bonds About Mount Nittany Medical Center Mount Nittany Medical Center (Ponder client since 2007) is central Pennsylvania hospital operating at 260 licensed-bed acute-care community hospital. Mount Nittany Health System including the Medical Center generated $420 million in revenue in fiscal year 2017. The … Continued

HCA Healthcare acquired Memorial Health Inc.

Transaction Announcement Ponder & Co. (“Ponder”) is pleased to announce that HCA Healthcare (“HCA”), has acquired Memorial Health Inc. (“Memorial”), located in Savannah, GA, and its associated physician clinics and outpatient services. The hospital assets of Memorial had previously been owned by the Chatham County Hospital Authority (“CCHA”). The transaction included $430 million for the … Continued