Transactions & Valuation Issues

More hospitals and health systems are seeking cross-market mergers, according to Fitch Ratings' second-quarter report. 

Oakland, Md.-based Garrett Regional Medical Center joined West Virginia University Health System on July 1.

Nashville, Tenn.-based Healthcare Realty Trust reported progress regarding its strategic combination with Scottsdale, Ariz.-based Healthcare Trust of America in a July 8 press release. The transaction consideration includes a 1:1 stock exchange ratio and a special cash dividend of $4.82…

Keck Medicine of the University of Southern California announced that Methodist Hospital of Southern California in Arcadia, is now part of Keck Medicine and will be known as USC Arcadia Hospital.

Exeter (N.H.) Health Resources and Cambridge, Mass.-based Beth Israel Lahey Health signed a definitive agreement on June 30 to establish terms under which Exeter would join BILH.

Watsonville (Calif.) Community Hospital has moved a step closer to returning to community ownership after securing $25 million from the state of California.

Louisville, Ky.-based UofL Health and Carrollton, Ky.-based Carroll County Memorial Hospital have teamed up with two big goals in mind: improving access to care and specialty resources close to home, UofL News reported June 28.

Greenfield, Ind.-based Hancock Healthcare and Danville, Ind.-based Hendricks Regional Healthcare have joined the Mayo Clinic Care Network.

Healthcare Realty Trust shareholder Land & Buildings announced in a June 16 investor presentation press release shared with Becker's that it intends to vote against Healthcare Realty Trust's acquisition of Healthcare Trust of America, citing that it fails to maximize…

Mechanicsburg, Pa.-based Select Medical Corp., and Falls Church, Va.-based Inova Health System announced a joint venture on June 23 to own and operate the first critical illness recovery hospital in Northern Virginia.