Author: ponderadmin

Marion County Hospital District leased assets of Munroe Regional Health System to CHS

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Transaction Announcement Ponder & Co. is pleased to announce that the Marion County Hospital District has leased the assets of Munroe Regional Health System (“MRHS”), located in Ocala, Florida, to Community Health Systems, Inc. The transaction also includes the creation of a new clinical affiliation between MRHS and UF Health Shands. Marion County Hospital District … Continued

Cumberland Medical Center has merged with Covenant Health

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Transaction Announcement Ponder & Co. is pleased to announce Cumberland Medical Center (“CMC”) has merged with Covenant Health (“Covenant”). CMC became the ninth hospital in Covenant’s network, significantly expanding Covenant’s reach into Cumberland County, Tennessee. Cumberland Medical Center CMC, located in Crossville, Tennessee, is a 189-bed sole community acute care hospital founded in 1950. CMC, … Continued

Senior Health & Housing Services Division of Catholic Health Partners divested Laurel Lake Retirement Community, Inc.

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Transaction Announcement Ponder & Co. is pleased to announce that the Senior Health & Housing Services Division of Catholic Health Partners (“CHP”) divested Laurel Lake Retirement Community, Inc. (“Laurel Lake”) in Hudson, Ohio, to the Board of Directors of Laurel Lake and the Laurel Lake Retirement Community Foundation, Inc., through a membership substitution agreement. Laurel … Continued

Senior Health & Housing Services Division of Catholic Health Partners Divested Four Facilities through an Asset Sale to Aviv REIT, Inc.

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Transaction Announcement Ponder & Co. is pleased to announce that the Senior Health & Housing Services Division of Catholic Health Partners (“CHP”) divested four facilities through an asset sale to Aviv REIT, Inc. (“Aviv”), based in Chicago, Illinois and an operations transfer agreement to Diversicare Healthcare Services, Inc. (“Diversicare”), based in Brentwood, Tennessee. The four … Continued

Saint Vincent Health System Joins Highmark Allegheny Health Network

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Transaction Announcement Ponder & Co. is pleased to announce that Saint Vincent Health System, Erie, Pennsylvania, has become an affiliate of Allegheny Health Network, a subsidiary of Highmark. As a result of the transaction, Allegheny Health Network now owns a total of seven hospitals, including West Penn Allegheny Health System, Jefferson Regional Medical Center and … Continued

Today’s Trends in Capital Financing

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By: Gerry A. Means and Marcelo L. Olarte (HFM May 2013) Introduction: Funding for capital projects is readily available to health systems of all sizes in 2013, but providers should conduct risk analyses before moving forward. The year 2012 saw not-for-profit health systems continuing to review their capital structures and find ways to finance needed … Continued

Understanding Your Capital Options

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By: Christopher T. Payne (HFM May 2012) Introduction: As hospitals and health systems plan capital spending that requires financing, they should carefully weigh all their options. Despite long-term interest rates returning to near-record lows after an increase early in 2011, uncertainty about healthcare reform and future funding for Medicare and Medicaid coupled with concerns about … Continued

Roswell Regional Hospital was Acquired by Lovelace Health System, Inc., Subsidiary of Ardent Health Services, Inc.

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Transaction Announcement Ponder & Co. is pleased to announce that Roswell Regional Hospital, located in Roswell, New Mexico, has been acquired by Lovelace Health System, Inc., a subsidiary of Ardent Health Services, Inc. As a result of the acquisition, Lovelace Health System now owns five acute care hospitals in the state of New Mexico. Roswell … Continued