10 Recent Transactions and Partnerships at Hospitals

The following hospital mergers, acquisitions and general transactions took place within the past week, beginning with the most recent.

1. St. Elizabeth, Faxton St. Luke's Move Forward With Affiliation
Faxton St. Luke’s Healthcare and St. Elizabeth Medical Center, both based in Utica, N.Y., moved closer to an affiliation by submitting a certificate of need application to the New York State Department of Health.

2. Somerset Hospital Signs Joint Venture LOI With Conemaugh Health System
The board of directors at Somerset (Pa.) Hospital signed a nonbinding letter of intent to create a collaborative partnership with Conemaugh Health System, a three-hospital system based in Johnstown, Pa.

To read the rest of the list, visit Becker's Hospital Review.