w*Columbia acquired and closed 70-bed Columbine Psychiatric Center, Littleton.
w*Denver-based Columbia-HealthOne completed acquisitions of 76-bed Rocky Mountain Rehabilitation Institute, Aurora, and 82-bed Behavioral Health Services Hospital, Denver.
w*Sisters of Charity Health Services and PorterCare Adventist Health System, Denver, merged, creating a new entity called Centura Health, Denver, which operates a statewide system of eight hospitals with 1,845 beds.
w*St. Vincent's Health Services, Bridgeport, and Stamford (Conn.) Health System signed a letter of intent to buy 180-bed St. Joseph Medical Center, Stamford, from the Roman Catholic Archdiocese of Bridgeport. Officials are in the final phases of the state certificate-of-need approval process.
w*The parent corporations of 778-bed Yale-New Haven (Conn.) Hospital and 376-bed Bridgeport (Conn.) Hospital completed an agreement designed to oversee the annual budget and capital spending decisions of Southern Connecticut Health System, the parent of Bridgeport Hospital. However, the two hospitals' governing boards, medical staffs and financial structures will remain separate.
w*193-bed Kent General Hospital, Dover, and 109-bed Milford (Del.) Memorial Hospital announced they would merge assets into a single, not-for-profit holding company called Medical Center Corp., subject to regulatory approval. Both hospitals, however, would continue to use their existing names.
w*In Wilmington, 573-bed Medical Center of Delaware acquired Riverside Hospital, renamed Riverside Healthcare Center, by assuming the 145-bed hospital's debt.
District of Columbia
w*OrNda signed a letter of intent to acquire 80% of George Washington University Medical Center through an 80-20 joint venture partnership.
w*Miami-based Baptist Health Systems of South Florida, which operates four hospitals, and 365-bed Mercy Hospital, Miami, signed a letter of intent to merge. The combined system would have five hospitals and annual net patient revenues of about $600 million.
w*Columbia acquired a 20% interest in 56-bed Bartow (Fla.) Memorial Hospital. Plans also call for a 50-bed replacement facility to be located five miles north of Bartow in Highland City. Columbia will pay for the hospital and assume an 80% interest.
w*Columbia acquired 88-bed Charter Hospital of Miami and subsequently changed the name to Columbia Behavioral Health in Miami. Terms weren't disclosed, but the deal calls for Columbia to repay the hospital's $60 million in debt.
w*Columbia acquired 119-bed Peninsula Medical Center, Ormond Beach, in a swap with Paracelsus (See Utah).
w*In a five-hospital swap with Community Health Systems, Columbia acquired 140-bed University General, Seminole; 154-bed Pinellas Community Hospital and 99-bed Seminole Hospital and Women's Center, Tampa; and 95-bed Hillside Hospital, Pulaski, Tenn. Pinellas and Seminole were later consolidated with University and other Columbia Tampa-area facilities, citing overcapacity in the market. In return, CHS received 110-bed North Okaloosa Medical Center, Crestview (See Tennessee).
w*Lee Memorial Health System, a two-hospital system based in Fort Myers, acquired 281-bed Cape Coral (Fla.) Hospital for $145 million.
w*Morton Plant Mease Health Care, a three-hospital system based in Dunedin, signed a letter of intent to acquire two-hospital Regional Healthcare, based in Brooksville. Regional includes 91-bed Brooksville (Fla.) Regional Hospital and 75-bed Spring Hill (Fla.) Regional Hospital.
w*Morton Plant Mease and OrNda signed a letter of intent to form a partnership that would allow Morton Plant to lease 122-bed North Bay Medical Center, New Port Richey, from OrNda.
w*Paracelsus acquired 129-bed Santa Rosa Medical Center, Milton, in a swap with Columbia (See Utah).
w*Tenet acquired 381-bed Hialeah (Fla.) Hospital.
w*Tenet signed a letter of intent to acquire 357-bed North Shore Medical Center, Miami.
w*Louisville, Ky.-based Vencor acquired 30-bed Physicians Community Hospital, St. Petersburg, from St. Petersburg Healthcare Management.
w*West Volusia Hospital Authority sold a 50% interest in 94-bed Volusia Medical Center, Orange City, to Orange City Health Affiliates, a subsidiary of Florida Hospital, Orlando, for $4.5 million. Florida Hospital, which had managed the hospital and owned the other 50% interest, is part of 24-hospital Adventist Health System-Sunbelt, Orlando.
w*Columbia signed a letter of intent to form a 50-50 joint venture with 253-bed Newnan (Ga.) Hospital.
w*Columbia finalized a lease with 58-bed Polk General, Cedartown.
w*Naples, Fla.-based Community Care of America acquired 71-bed Smith Hospital, Hahira, from Adel, Ga.-based Memorial Health Services for $6.1 million.
w*Emory University System, Atlanta, acquired 100-bed Smyrna (Ga.) Hospital for $3.5 million.
w*Georgia Baptist Health Care System, Atlanta, acquired 50-bed Worth County Hospital, Sylvester, from Memorial Health Services for $4.8 million.
w*Nashville-based PhyCor agreed to acquire 143-bed Straub Clinic and Hospital, Honolulu.
w*St. Luke's Regional Medical Center, a 267-bed hospital in Boise, signed a letter of intent to acquire and close Wood River Medical Center's two campuses in Sun Valley and Hailey and build a new facility between the two towns.
w*Columbia acquired 123-bed Barclay Hospital, Chicago.
w*Community Health Systems acquired 84-bed Marion (Ill.) Memorial Hospital and plans to build a $50 million replacement facility.
w*69-bed Highland Hospital, Belvidere, was acquired for an undisclosed sum by Belvidere-area physicians and Parkside Management Services, Park Ridge.
w*240-bed South Suburban Hospital, Hazel Crest, merged with Advocate Health Care, Oak Brook.
w*276-bed St. Mary's Hospital, Centralia, announced integration plans with 152-bed Good Samaritan Regional Health Center, Mount Vernon. SSM Health Care System, which owns Good Samaritan, will manage St. Mary's through a joint operating agreement with Felician Sisters, St. Mary's sponsoring congregation. The two hospitals plan to merge within five years.
w*273-bed West Suburban Hospital Medical Center, Oak Park, merged with nearby 536-bed Loyola University Medical Center, Maywood, to form Loyola University Health System. w*Four Chicago-area Catholic hospitals announced plans to merge into one system. The hospitals are 633-bed Resurrection Medical Center and 273-bed
Our Lady of the Resurrection Medical Center, both in Chicago; 461-bed St.
Francis Hospital, Evanston; and 348-bed St. James Hospital and Health
Centers, Chicago Heights.