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	<title>Hospitals Archives - VRJ Properties</title>
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	<title>Hospitals Archives - VRJ Properties</title>
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		<title>New Owners Take Over Four Steward Hospitals in MA</title>
		<link>https://vrjproperties.com/new-owners-take-over-four-steward-hospitals-in-ma/</link>
		
		<dc:creator><![CDATA[VRJwebmaster]]></dc:creator>
		<pubDate>Thu, 29 Aug 2024 19:18:37 +0000</pubDate>
				<category><![CDATA[Medical]]></category>
		<category><![CDATA[Hospitals]]></category>
		<category><![CDATA[Owners]]></category>
		<category><![CDATA[Steward]]></category>
		<guid isPermaLink="false">https://vrjproperties.com/new-owners-take-over-four-steward-hospitals-in-ma/</guid>

					<description><![CDATA[<p>Massachusetts Gov. Maura Healey said Thursday that Lifespan Corporation has filed an asset purchase agreement (APA) to acquire and operate Saint Anne’s Hospital in Fall River and Morton Hospital in Taunton and that Lawrence General Hospital has filed an APA to acquire...</p>
<p>The post <a href="https://vrjproperties.com/new-owners-take-over-four-steward-hospitals-in-ma/">New Owners Take Over Four Steward Hospitals in MA</a> appeared first on <a href="https://vrjproperties.com">VRJ Properties</a>.</p>
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<p data-beyondwords-marker="36c345c6-57f5-4c2f-84c6-d74be9674b99">Massachusetts Gov. Maura Healey said Thursday that Lifespan Corporation has filed<strong> </strong>an asset purchase agreement (APA) to acquire and operate Saint Anne’s Hospital in Fall River and Morton Hospital in Taunton and that Lawrence General Hospital has filed<strong> </strong>an APA to acquire and operate both campuses of Holy Family Hospital in Haverhill and Methuen. All four were among the remaining Steward Health hospitals in Massachusetts following the Dallas-based operator’s <strong>bankruptcy</strong> filing in May.</p>
<p data-beyondwords-marker="8a1d9b07-52c7-415a-aa63-b3fe15818ec8">Financial terms were not disclosed. The Lifespan and Lawrence General agreements will have to be approved by the bankruptcy court at the upcoming hearing on Sept. 4. The state will support these new operators for a limited time, Healey said. </p>
<p data-beyondwords-marker="e3e93ee3-4de3-4cb8-83a4-e49935bbd1c0">Still to be finalized is Boston Medical Center’s takeover of Good Samaritan Medical Center in Brockton. The Healey-Driscoll administration is also in the process of taking control of Saint Elizabeth’s in Boston through eminent domain to facilitate the transition to a new owner, Boston Medical Center.</p>
<p data-beyondwords-marker="99cc3586-9969-45e0-812e-f9e7eba4fec4"><em>Pictured: Holy Family Hospital in Haverhill, MA.</em></p>
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<br /><a href="https://www.connectcre.com/stories/new-owners-take-over-four-steward-hospitals-in-ma/">Source link </a></p>
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		<title>Massachusetts Finds Operators for Four Steward Health Hospitals</title>
		<link>https://vrjproperties.com/massachusetts-finds-operators-for-four-steward-health-hospitals/</link>
		
		<dc:creator><![CDATA[VRJwebmaster]]></dc:creator>
		<pubDate>Fri, 16 Aug 2024 22:01:06 +0000</pubDate>
				<category><![CDATA[Medical]]></category>
		<category><![CDATA[Finds]]></category>
		<category><![CDATA[Health]]></category>
		<category><![CDATA[Hospitals]]></category>
		<category><![CDATA[Massachusetts]]></category>
		<category><![CDATA[Operators]]></category>
		<category><![CDATA[Steward]]></category>
		<guid isPermaLink="false">https://vrjproperties.com/massachusetts-finds-operators-for-four-steward-health-hospitals/</guid>

					<description><![CDATA[<p>Massachusetts Gov. Maura Healey said Friday that deals in principle have been reached to transition operations at four Steward hospitals – Saint Anne’s Hospital, Good Samaritan Medical Center, the Holy Family Hospitals and Morton Hospital – to new operators. The...</p>
<p>The post <a href="https://vrjproperties.com/massachusetts-finds-operators-for-four-steward-health-hospitals/">Massachusetts Finds Operators for Four Steward Health Hospitals</a> appeared first on <a href="https://vrjproperties.com">VRJ Properties</a>.</p>
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<p data-beyondwords-marker="04248440-4527-4a34-b856-8bb9890a6bd0">Massachusetts Gov. Maura Healey said Friday that deals in principle have been reached to transition operations at four Steward hospitals – Saint Anne’s Hospital, Good Samaritan Medical Center, the Holy Family Hospitals and Morton Hospital – to new operators. The Healey-Driscoll administration will then take control of Saint Elizabeth’s Medical Center in Boston’s Brighton neighborhood through eminent domain to facilitate the transition to a new owner and keep the hospital open.</p>
<p data-beyondwords-marker="bd832ca4-c660-4df4-b935-e34dbca0fd4d">If the deals are finalized, Lawrence General Hospital will become the new operator for both campuses of Holy Family in Haverhill and Methuen. Lifespan would assume operations of Morton and Saint Anne’s, and Boston Medical Center would take over Good Samaritan, as well as Saint Elizabeth’s after the taking process is complete.</p>
<p data-beyondwords-marker="f6e87905-f391-4e06-a097-12f1f58f3463">To support the new operators, the Healey-Driscoll administration has worked closely with the Legislature to develop a financing plan that includes cash advances, capital support and maximizing federal matches. These actions do not impact Carney or Nashoba Valley hospitals, which Steward Health announced will close after not receiving qualified bids. </p>
<p data-beyondwords-marker="25f355c9-2ca6-4b87-b2cd-0af43d4e88fb"><em>Pictured: Saint Elizabeth’s.</em></p>
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<br /><a href="https://www.connectcre.com/stories/massachusetts-finds-operators-for-four-steward-health-hospitals/">Source link </a></p>
<p>The post <a href="https://vrjproperties.com/massachusetts-finds-operators-for-four-steward-health-hospitals/">Massachusetts Finds Operators for Four Steward Health Hospitals</a> appeared first on <a href="https://vrjproperties.com">VRJ Properties</a>.</p>
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		<title>UCI Health to Add Four SoCal Hospitals for $975M</title>
		<link>https://vrjproperties.com/uci-health-to-add-four-socal-hospitals-for-975m/</link>
		
		<dc:creator><![CDATA[VRJwebmaster]]></dc:creator>
		<pubDate>Wed, 07 Feb 2024 22:48:29 +0000</pubDate>
				<category><![CDATA[Medical]]></category>
		<category><![CDATA[975M]]></category>
		<category><![CDATA[Add]]></category>
		<category><![CDATA[Health]]></category>
		<category><![CDATA[Hospitals]]></category>
		<category><![CDATA[SoCal]]></category>
		<category><![CDATA[UCI]]></category>
		<guid isPermaLink="false">https://vrjproperties.com/uci-health-to-add-four-socal-hospitals-for-975m/</guid>

					<description><![CDATA[<p>The Regents of the University of California, on behalf of the University of California, Irvine, entered into a definitive agreement with Tenet Healthcare Corporation to acquire Tenet’s Pacific Coast Network for $975 million. The network will become part of UCI...</p>
<p>The post <a href="https://vrjproperties.com/uci-health-to-add-four-socal-hospitals-for-975m/">UCI Health to Add Four SoCal Hospitals for $975M</a> appeared first on <a href="https://vrjproperties.com">VRJ Properties</a>.</p>
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<p>The Regents of the University of California, on behalf of the University of California, Irvine, entered into a definitive agreement with Tenet Healthcare Corporation to acquire Tenet’s Pacific Coast Network for $975 million. The network will become part of UCI Health, the clinical enterprise of UC Irvine. </p>
<p>“UC Irvine has deepened its healthcare commitment to the future of Orange County, our region and California,” said Chancellor Howard Gillman. “This journey in healthcare is deeply intertwined with the University of California’s dedication to bettering our communities, expanding access to premier healthcare, and pioneering the medical innovations of tomorrow, today. Our vision will bridge gaps in regional care and reinforce UCI’s place among the nation’s leading academic health systems while advancing solutions to challenges facing healthcare.”</p>
<p>Pending customary regulatory approvals, clearances and closing conditions, the proposed acquisition would bring four medical centers in Lakewood, Los Alamitos, Fountain Valley and Placentia and associated outpatient locations into the UCI Health system. UCI Health currently provides care at UCI Medical Center in Orange and a growing network of multispecialty care centers.</p>
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<br /><a href="https://www.connectcre.com/stories/uci-health-to-add-four-socal-hospitals-for-975m/">Source link </a></p>
<p>The post <a href="https://vrjproperties.com/uci-health-to-add-four-socal-hospitals-for-975m/">UCI Health to Add Four SoCal Hospitals for $975M</a> appeared first on <a href="https://vrjproperties.com">VRJ Properties</a>.</p>
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