Member Substitution

Indian River Medical Center has joined the Cleveland Clinic

October 12, 2018

Transaction Involving: Academic Local Government Non-profit 501(c)3

Transaction Type: Lease Member Substitution

Assignment: Sell-Side

Indian River Medical Center has joined the Cleveland Clinic. The Cleveland Clinic has entered into a long-term lease agreement with Indian River County and a membership substitution transaction with Indian River Medical Center. We advised Indian River Medical Center on this transaction.

Fremont Health has joined Nebraska Methodist Health System

October 10, 2018

Transaction Involving: Faith-Based Non-profit 501(c)3

Transaction Type: Lease Member Substitution

Assignment: Sell-Side

The Dodge County (Neb.) Board of Supervisors, Fremont Health Board of Trustees and Nebraska Methodist Health System Board of Directors approved a strategic partnership between Fremont Health and Methodist. The newly created subsidiary of Methodist, Methodist Fremont Health, will lease Fremont health facilities, including Fremont Health Medical Center, from Dodge County. We advised Fremont Health on this transaction.

Good Shepherd Health System has joined CHRISTUS Health

February 7, 2017

Transaction Involving: Faith-Based Non-profit 501(c)3

Transaction Type: Member Substitution

Assignment: Sell-Side

Good Shepherd Health System has joined CHRISTUS Health. We advised Good Shepherd Health System on this transaction.

Ingalls Health System has joined UChicago Medicine

October 12, 2016

Transaction Involving: Academic Non-profit 501(c)3

Transaction Type: Member Substitution

Assignment: Buy-Side

Ingalls Health System has joined UChicago Medicine. We advised UChicago Medicine on this transaction.

Aria Health has joined Thomas Jefferson University

July 8, 2016

Transaction Involving: Academic Non-profit 501(c)3

Transaction Type: Member Substitution

Assignment: Sell-Side

Aria Health has joined Thomas Jefferson University. We advised Aria Health on this transaction.

KishHealth System has been acquired by Northwestern Memorial Healthcare

December 3, 2015

Transaction Involving: Academic Non-profit 501(c)3

Transaction Type: Member Substitution

KishHealth System has been acquired by Northwestern Memorial HealthCare. We advised KishHealth System on this transaction.

Platte Valley Medical Center has been acquired by SCL Health

October 6, 2015

Transaction Involving: Faith-Based Non-profit 501(c)3

Transaction Type: Member Substitution

Platte Valley Medical Center has been acquired by SCL Health. We advised Platte Valley Medical Center on this transaction.

Lodi Health has been acquired by Adventist Health

June 3, 2015

Transaction Involving: Faith-Based Non-profit 501(c)3

Transaction Type: Member Substitution

Lodi Health has been acquired by Adventist Health. We advised Adventist Health on this transaction.

Pennock Healthcare System has been acquired by Spectrum Health

May 1, 2015

Transaction Involving: Non-profit 501(c)3

Transaction Type: Member Substitution

Pennock Healthcare System has been acquired by Spectrum Health. We advised Pennock Healthcare System on this transaction.

Mercy Memorial Hospital System has been acquired by ProMedica

January 13, 2015

Transaction Involving: Non-profit 501(c)3

Transaction Type: Member Substitution

Mercy Memorial Hospital System has been acquired by ProMedica. We advised Mercy Memorial Hospital System on this transaction.

Port Huron Hospital has joined McLaren Health Care

May 2, 2014

Transaction Involving: Local Government Non-profit 501(c)3

Transaction Type: Member Substitution

Port Huron Hospital has joined McLaren Health Care. We advised Port Huron Hospital on this transaction.

Iroquois Memorial Hospital has agreed to be managed by Presence Health

December 17, 2013

Transaction Involving: Faith-Based Non-profit 501(c)3

Transaction Type: Member Substitution

Iroquois Memorial Hospital, along with its associated skilled nursing facility, has agreed to a management agreement with Presence Health. IMH will receive management, physician and information technology support under the arrangement. We advised Iroquois Memorial Hospital on this transaction.