w*Buffalo (N.Y.) General Health System agreed to begin discussing a potential merger with 210-bed DeGraff Memorial Hospital, North Tonawanda.
w*North Shore Health System, Manhasset, completed a sponsorship agreement with 463-bed Southside Hospital, Bay Shore. As the sponsor, North Shore effectively controls Southside and other network members.
w*Northeast Health, the parent of 272-bed Samaritan Hospital, Troy, and Albany (N.Y.) Memorial Health System, the parent of 212-bed Albany Memorial Hospital, approved a memorandum of understanding to work toward "corporate integration." Under the proposed structure, the two hospitals will constitute the acute-care component of Northeast Health.
w*Tri State Health System, a venture of Franciscan Sisters of the Poor, Sisters of Mercy of the Americas-New York Regional Community and Sisters of Charity of Saint Elizabeth, will combine the assets of each sponsoring congregation's nine healthcare facilities in the region, including 308-bed Good Samaritan Hospital, Suffern; 171-bed Mercy Community Hospital, Port Jervis; and 73-bed St. Anthony Community Hospital, Warwick.
w*262-bed Clifton Springs (N.Y.) Hospital and Clinic and 291-bed F.F. Thompson Health System, Canandaigua, announced the signing of a memorandum of understanding to create a common parent company. Clifton Springs will become a member of the new system, which will be renamed.
w*1,310-bed New York Hospital, through its NYH Care Network, assumed sponsorship of four-hospital Preferred Health Network, Queens.
w*161-bed St. Mary's Hospital, Rochester, and Park Ridge Health System, the parent of 259-bed Park Ridge Hospital, Rochester, approved a definitive agreement to form a new healthcare system. The hospitals expect to close the deal early in 1997.
w*1,032-bed St. Luke's-Roosevelt Hospital Center, New York, and 1,126-bed Beth Israel Medical Center, New York, agreed to create a single parent corporation, called Greater Metropolitan Health Systems. While each institution will handle its own assets and liabilities, the boards of the two teaching hospitals will report to the corporate board, which is controlled by Beth Israel.
w*Primary Health Systems, Wayne, Pa., completed a lease agreement with 460-bed Coney Island Hospital, New York. Primary is paying off Coney Island's
$48 million in debt and will invest $25 million in capital improvements.
w*Columbia acquired 90-bed Cape Fear Memorial Hospital, Wilmington, for $55 million.
w*The merger of 436-bed Memorial Mission Medical Center and 264-bed St. Joseph's Hospital, both of Asheville, was completed.
w*Moses Cone Health System and 199-bed Wesley Long Community Hospital, both of Greensboro, announced intentions to merge.
w*330-bed Moore Regional Hospital, Pinehurst, and 86-bed Montgomery Memorial Hospital, Troy, announced intentions to merge.
w*948-bed Duke University Medical Center, Durham, and 264-bed Durham Regional Hospital announced their intention to merge.
w*Charlotte-based Carolinas HealthCare System, which has three hospitals, announced a joint venture with 129-bed Richmond Memorial Hospital, Rockingham. The organizations would form a company to operate the hospital, with Carolinas holding majority interest.
w*A proposed mergerlike partnership was announced between Charlotte-based Carolinas HealthCare System, which has five hospitals, and 756-bed North Carolina Baptist Hospital, Winston-Salem; 669-bed Pitt County Memorial Hospital, Greenville; and 659-bed University of North Carolina Hospitals, Chapel Hill.
w*Columbia signed a letter of intent to form a 50-50 joint venture with 474-bed Saint Luke's Medical Center, Cleveland.
w*Cleveland Clinic Foundation and Mayfield Village-based Meridia Health System agreed to merge. The deal united eight hospitals and 40% of inpatient beds in Cuyahoga County.
w*Cleveland Clinic Foundation and Cleveland's Fairview Health System, which includes 482-bed Fairview General Hospital and 221-bed Lutheran Medical Center, agreed to merge into a $1.7 billion system.
w*268-bed Massillon (Ohio) Community Hospital agreed to be acquired by a joint venture of Columbia and Sisters of Charity of St. Augustine Health System. The reported purchase price for the facility is approximately $21 million.
w*180-bed Doctors Hospital of Stark County, Massillon, was acquired by a joint partnership of Quorum, Akron-based Summa Health System and Cleveland Clinic Foundation.
w*272-bed Barberton (Ohio) Citizens Hospital finalized a joint venture of Quorum, Summa and Cleveland Clinic Foundation. The deal creates a community foundation worth at least $75 million.
Youngstown-based HM Health Services, the parent of 176-bed St. Joseph Health Center, Warren, acquired the assets of Warren (Ohio) General Health System for $14 million.
w*Wayne, Pa.-based Primary Health Systems acquired Mount Sinai Health System in Cleveland, which comprises 405-bed Mount Sinai Medical Center, Cleveland; Laurelwood Hospital, a 160-bed psychiatric facility in Willoughby; and 98-bed Richmond Heights (Ohio) General Hospital.
w*University Hospitals Health System, Cleveland, agreed to merge with 46-bed Memorial Hospital of Geneva on Jan. 1, 1997.
w*40-bed Crestline (Ohio) Memorial Hospital agreed to merge with Mansfield-based MedCentral Health System. Total assets of the new system will be $267 million.
w*Columbia acquired 462-bed Tulsa (Okla.) Regional Medical Center.
w*Health Management Associates finalized a lease agreement with 208-bed Midwest City (Okla.) Regional Hospital.
w*Hillcrest Health Center, a 186-bed osteopathic hospital in Oklahoma City, merged with SSM Health Care System in a noncash transaction.
w*178-bed Memorial Hospital of Southern Oklahoma, Ardmore, was acquired by Mercy Health System Oklahoma, part of Sisters of Mercy Health System-St. Louis.
w*Hillcrest Healthcare System, Tulsa, is negotiating to lease and operate 84-bed Eastern Oklahoma Medical Center, Poteau.
w*587-bed St. John Medical Center, Tulsa, acquired a half-interest in 275-bed Jane Phillips Medical Center, Bartlesville.
w*Polyclinic Health System and Capital Health System, both of Harrisburg, merged.
w*Forbes Health System, which comprises 353-bed Forbes Regional Hospital, Monroeville, and 152-bed Forbes Metropolitan Hospital, Pittsburgh, announced a merger into Pittsburgh-based Allegheny Health, Education and Research Foundation.
w*186-bed Sewickley (Pa.) Valley Hospital and 375-bed Medical Center, Beaver, merged through the formation of a parent holding corporation called Valley Health System.
w*140-bed Phoenixville (Pa.) Hospital signed a letter of intent to merge into University of Pennsylvania Health System. Phoenixville has been a contractual affiliate of UPHS since December 1994.
w*215-bed St. Joseph Medical Center and 160-bed Community General Hospital, both in Reading, agreed to merge pending approval by the Federal Trade Commission.
w*402-bed St. Luke's Hospital, Bethlehem, acquired 127-bed Allentown (Pa.) Osteopathic Medical Center by assuming its assets and liabilities.
w*169-bed Mercy Regional Health System, Altoona, agreed to merge through a full-asset transfer valued at $50 million into Bon Secours Health System, Marriottsville, Md.
w*1,107-bed University of Pittsburgh Medical Center completed its acquisition of 162-bed University of Pittsburgh Medical Center, South Side and 183-bed Aliquippa (Pa.) Hospital. In another transaction, UPMC acquired 227-bed Braddock (Pa.) Medical Center.
w*Jefferson Health System, Radnor, acquired Methodist Hospital of Philadelphia and renamed it Methodist Division of Thomas Jefferson University Hospital.
w*Temple University Health System, Philadelphia, bought 188-bed Jeanes Hospital, Philadelphia.
w*129-bed Roxborough Memorial Hospital, Philadelphia, signed a letter of intent to be acquired by Primary Health Systems, Wayne, subject to state approval. PHS also announced it would acquire 187-bed Lower Bucks Hospital,
w*247-bed Allegheny Valley Hospital, Natrona Heights, announced plans to merge into Allegheny Health, Education and Research Foundation, the parent of 582-bed Allegheny General Hospital, Pittsburgh.
w*Primary Health Systems, Wayne, signed a letter of intent to acquire 290-bed Lower Bucks Hospital, Bristol.
w*Primary Health Systems signed a letter of intent to acquire 189-bed Roxborough Memorial Hospital, Philadelphia.