Transactions & Valuation Issues

Sellersview, Pa.-based Grand View Health said it has formed an alliance with Doylestown (Pa.) Health to "deepen" the relationship between the two systems.

Toledo, Ohio-based ProMedica has agreed to sell its hospice and home-care business to Gentiva, a hospice company backed by Humana and private equity firm Clayton Dubilier & Rice, according to a Feb. 27 Bloomberg report.

Memorial Hospital and Health Care Center, based in Jasper, Ind., has signed a letter of intent to affiliate with Evansville, Ind.-based Deaconess Health System, the Dubois County Free Press reported Feb. 21. 

Blount (Tenn.) Memorial Hospital CEO Harold Naramore, MD, is accusing Blount County Mayor Ed Mitchell of interfering in hospital operations after the mayor proposed Knoxville-based University of Tennessee Medical Center take over operations of the hospital, NBC affiliate WBIR reported…

The Federal Trade Commission has welcomed the State University of New York Upstate Medical University and Crouse Health System's decision to abandon their proposed merger, which it said would have left Syracuse with just two hospital systems — Upstate and St.…

Kalispell, Mont.-based Logan Health, a six-hospital system, and Billings Clinic have inked a letter of intent to explore merging into one independent health system to improve healthcare access, service and quality in Montana and northern Wyoming. 

Blount County, Tenn., Mayor Ed Mitchell will ask the Blount County Board of Commissioners to transfer operations ownership of Blount County Memorial Hospital to Knoxville-based University of Tennessee Medical Center, The Daily Times reported Feb. 15.

CommonSpirit Health will acquire Steward Health Care's sites of care in Utah, which will then be managed by Centura Health, the systems announced Feb. 15. 

Atlantic City, N.J.-based AtlantiCare, a two-hospital system, and Select Medical have forged a joint venture to own and operate a new inpatient rehabilitation hospital in Galloway Township, N.J., and 13 outpatient physical therapy facilities in southeastern New Jersey. 

Pennsylvania-based health systems Lehigh Valley Health Network and Universal Health Services have partnered to build a behavioral health hospital in the state's Hanover Township.