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Transactions & Valuation Issues

El Centro (Calif.) City Council approved the transfer of El Centro Regional Medical Center to the Imperial Valley Healthcare District, the Calexico Chronicle reported July 29.  Five things to know:  1. The asset transfer agreement approved by city council outlines…

Irving, Texas-based Christus Health has shared plans to sell its former San Antonio-based Christus Santa Rosa Hospital—Medical Center to University Health, also in San Antonio, for $71 million. The decision comes after a unanimous vote from the Bexar County Hospital…

UC San Diego Health and Escondido, Calif.-based Palomar Health have entered into exclusive talks to create a joint powers authority, with the goal of coordinating and enhancing care access across North San Diego County. A letter of intent for the…

The executive leadership of Bedford, N.H.-based SolutionHealth is seeking to dissolve the system and return to separate, independent, board-governed systems.  The system launched in 2018 after Manchester, N.H.-based Elliot Health System and Nashua-based Southern New Hampshire Health signed an agreement…

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Newark, Del.-based ChristianaCare and Marlton, N.J.-based Virtua Health have signed a nonbinding letter of intent to form a regional nonprofit health system. The system would comprise care in more than 10 counties across Delaware, Maryland, New Jersey and Pennsylvania, nearly…

Helena Health Foundation acquired Progressive Health of Helena (Ark.), a 127-bed hospital, on May 31. The hospital is now operated by Arkansas Rural Health Partnership under a management services agreement, hospital CEO Marion “Tony” Thompson told Becker’s.  Helena Health Foundation…

A Massachusetts hospital is merging with UMass Memorial Health System and a rural North Carolina hospital is joining Atrium Health Wake Forest Baptist.  Here is more information about the two hospital M&A moves Becker’s reported during the week of July…

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