Month: November 2018

Prisma Health Series 2018A & 2018B, C, D, E

$586,525,000 Series 2018A Tax-Exempt Fixed Rate Bonds $325,000,000 Series 2018B, C, D, E Tax-Exempt Variable Rate Bonds About Prisma Health Prisma Health is the largest healthcare delivery system in South Carolina, with over $4.0 billion of projected annual revenue. Prisma was formed in the coming together of Greenville Health System and Palmetto Health, as well … Continued

Baptist Health has acquired Sparks Health System

Transaction Announcement Ponder & Co. (“Ponder”) is pleased to announce that Baptist Health has acquired Sparks Health System, located in Fort Smith and Van Buren, Arkansas from Community Health Systems (“CHS”). The hospitals will be known as Baptist Health – Fort Smith (“BHFS”) and Baptist Health – Van Buren (“BHVB”), becoming the Baptist Health’s tenth … Continued

Healthcare Credit Ratings Dip Amid M&A Binge

By: Alex Kacik with contributions from Eb LeMaster (Modern Healthcare online) Merger and acquisition activity is weighing on healthcare companies’ credit ratings, according to a new report. Fitch Ratings maintained a positive outlook for the industry given the solid underlying demand for healthcare products and services, particularly as the population ages. But it notes there … Continued

Augusta University Health System Series 2018 Tax-Exempt Fixed Rate Bonds

$80,945,000 Series 2018 Tax-Exempt Fixed Rate Bonds About Augusta University Health System Augusta University Health System (“AUHS”) was organized to achieve joint coordination and strategic planning among Augusta University, AU Medical Center, Inc. (“AUMC”), AU Medical Associates, Inc., Roosevelt Warm Springs Rehabilitation & Specialty Hospitals, Inc., and other affiliated health system entities. Originally built in … Continued